account is current

USAGE SUMMARY

The phrase "account is current" is correct and usable in written English.
It can be used to indicate that an account is up to date or that all payments and transactions have been processed without any outstanding issues. Example: "Please confirm that your account is current before proceeding with the transaction."

✓ Grammatically correct

Academia

Formal & Business

News & Media

Science

Encyclopedias

Wiki

Reference

Social Media

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Packaged accounts are current accounts bundled up with a range of insurance policies and other features such as overdraft facilities or even music downloads.

The Guardian - Money

Ask them to check (without informing you) to ensure that their bank accounts are current and in use.

WikiHow

If you use credit cards, make sure your accounts are current and that you are aware of your spending limits in case you need them for emergencies.

WikiHow

"Please understand that Simms & Associates will continue to attempt to collect on your cosigner's estate even though your account may be current.

Huffington Post

Conversely, it can be said that because current accounts are accounts, that is, a current account is an account, that they inherit all the properties common to all accounts, such as the account number or the account balance.

Groovy Programming An Introduction for Java Developers

Its current account is roughly in balance.

The Economist

My current account is with HSBC.

The Guardian - Money

The current account is made up of three main components.

The Guardian - Business

The current account is the broadest measure of trade.

The New York Times

Tesco says its new current account "isn't just for Tesco customers".

The Guardian - Business

The budget is in deficit, the current account is near zero, and the peso is overvalued.

The Economist

Expert writing Tips

Best practice

When confirming an account's status, specify the criteria for being "current". This avoids ambiguity and ensures clear communication.

Common error

Avoid simply stating that an "account is current" without defining what that means in the specific context. Different institutions or situations may have varying criteria for an account to be considered current.

Linguistic Context

The phrase "account is current" functions primarily as a descriptive statement. It asserts a specific status of an account, indicating that it is up-to-date and without any outstanding issues. Ludwig AI confirms it is grammatically correct.

Expression frequency: Missing

Frequent in

Science

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Formal & Business

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Less common in

Science

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Ludwig's WRAP-UP

The phrase "account is current" is used to describe an account that is up-to-date and without any outstanding issues. Ludwig AI indicates that the phrase is grammatically correct. While examples are limited, it is clear that the phrase's purpose is to inform or confirm the status of an account in a professional and neutral tone. Alternatives like "account is up to date" or "account is in good standing" can be used. It is essential to define what "current" means in each specific context to avoid ambiguity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

account is up to date

Replaces "current" with "up to date", emphasizing the account's information is recent and accurate.

account is in good standing

Indicates the account meets all requirements and is not in default.

account is active

Focuses on the operational status of the account, implying it is being used.

account is paid up

Highlights that all payments due on the account have been made.

account is settled

Suggests that all outstanding balances have been resolved.

account is compliant

Implies the account adheres to all necessary rules and regulations.

account is valid

Indicates the account is still functional and has not expired or been closed.

account is clear

Suggests there are no issues or blocks on the account.

account is operational

Emphasizes that the account is functioning and ready for transactions.

account is reconciled

Highlights that all transactions have been matched and balanced correctly.

FAQs

How can I use the phrase "account is current" in a sentence?

You can use "account is current" to confirm that an account is up-to-date and in good standing. For example: "Please verify that your account is current before proceeding."

What does it mean when an account is described as "current"?

When an account is "current", it typically means that all payments are up-to-date, the account is active, and there are no outstanding issues preventing its normal use. In other words, the "account is in good standing".

Are there alternatives to saying "account is current"?

Yes, you can use alternatives like "account is up to date" or "account is in good standing", depending on the specific context and the aspect you want to emphasize.

What's the difference between saying "account is current" and "account is active"?

"Account is current" implies that all financial obligations are met and the account is in good order. "Account is active" simply means the account is being used and hasn't been closed or suspended. An account can be active without necessarily being current if there are overdue payments.