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Current

A Law Dictionary and Glossary · George C. Kinney · 1893

A Law Dictionary and Glossary

Now present or existing; now running or passing; as, a current account, or year, current earnings, current value; circulating as money. Current funds: money current at par; coin, or any-, thing equivalent and convertible at pleasure into coin. Current money: money commonly received in business transactions as a medium of exchange. Current notes: bank notes redeemable in coin.