What is "account current"

Account \Ac*count"\, n. [OE. acount, account, accompt, OF. acont, fr. aconter. See Account, v. t., Count, n.,

1. ] 1. A reckoning; computation; calculation; enumeration; a record of some reckoning; as, the Julian account of time.

   A beggarly account of empty boxes.
   --Shak.

2. A registry of pecuniary transactions; a written or printed statement of business dealings or debts and credits, and also of other things subjected to a reckoning or review; as, to keep one's account at the bank.

3. A statement in general of reasons, causes, grounds, etc., explanatory of some event; as, no satisfactory account has been given of these phenomena. Hence, the word is often used simply for reason, ground, consideration, motive, etc.; as, on no account, on every account, on all accounts.

4. A statement of facts or occurrences; recital of transactions; a relation or narrative; a report; a description; as, an account of a battle. ``A laudable account of the city of London.''
   --Howell.

5. A statement and explanation or vindication of one's conduct with reference to judgment thereon.

   Give an account of thy stewardship.
   --Luke xvi. 2.

6. An estimate or estimation; valuation; judgment. ``To stand high in your account.''
   --Shak.

7. Importance; worth; value; advantage; profit. ``Men of account.''
   --Pope. ``To turn to account.''
   --Shak.

   Account current, a running or continued account between two or more parties, or a statement of the particulars of such an account.

   In account with, in a relation requiring an account to be kept.

   On account of, for the sake of; by reason of; because of.

   On one's own account, for one's own interest or behalf.

   To make account, to have an opinion or expectation; to reckon. [Obs.]

   This other part . . . makes account to find no slender arguments for this assertion out of those very scriptures which are commonly urged against it.
   --Milton.

   To make account of, to hold in estimation; to esteem; as, he makes small account of beauty.

   To take account of, or to take into account, to take into consideration; to notice. ``Of their doings, God takes no account.''
   --Milton .

   A writ of account (Law), a writ which the plaintiff brings demanding that the defendant shall render his just account, or show good cause to the contrary; -- called also an action of account.
   --Cowell.

   Syn: Narrative; narration; relation; recital; description; explanation; rehearsal.

   Usage: Account, Narrative, Narration, Recital. These words are applied to different modes of rehearsing a series of events. Account turns attention not so much to the speaker as to the fact related, and more properly applies to the report of some single event, or a group of incidents taken as whole; as, an account of a battle, of a shipwreck, etc. A narrative is a continuous story of connected incidents, such as one friend might tell to another; as, a narrative of the events of a siege, a narrative of one's life, etc. Narration is usually the same as narrative, but is sometimes used to describe the mode of relating events; as, his powers of narration are uncommonly great. Recital denotes a series of events drawn out into minute particulars, usually expressing something which peculiarly interests the feelings of the speaker; as, the recital of one's wrongs, disappointments, sufferings, etc.

Current \Cur"rent\ (k?r"rent), a. [OE. currant, OF. curant, corant, p. pr. of curre, corre, F. courre, courir, to run, from L. currere; perh. akin to E. horse. Cf. Course, Concur, Courant, Coranto.]

1. Running or moving rapidly. [Archaic]

   Like the current fire, that renneth Upon a cord.
   --Gower.

   To chase a creature that was current then In these wild woods, the hart with golden horns.
   --Tennyson.

2. Now passing, as time; as, the current month.

3. Passing from person to person, or from hand to hand; circulating through the community; generally received; common; as, a current coin; a current report; current history.

   That there was current money in Abraham's time is past doubt.
   --Arbuthnot.

   Your fire-new stamp of honor is scarce current.
   --Shak.

   His current value, which is less or more as men have occasion for him.
   --Grew.

4. Commonly estimated or acknowledged.

5. Fitted for general acceptance or circulation; authentic; passable.

   O Buckingham, now do I play the touch To try if thou be current gold indeed.
   --Shak.

   Account current. See under Account.

   Current money, lawful money.
   --Abbott.