current account

from The American Heritage® Dictionary of the English Language, 5th Edition.

• noun The component of a nation's balance of payments that includes the price of imports and exports, investment income, and unilateral transfers (such as gifts from foreigners).

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
• noun UK A checking account at a bank

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• noun a bank account against which the depositor can draw checks that are payable on demand
• noun that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments