What is Dual Citizenship: Dual citizenship means that an individual is a citizen of two countries at the same time. It is also possible to be a citizen of three or more countries. However, every country has its own laws regarding dual citizenship.n this example this child has U.S. Dual Citizenship since the child is automatically a citizen of the United States and a citizen of its parent's home country. The same applies to children of U.S. citizens born abroad where the child is both a U.S. citizen and a citizen of the country of birth. 1  What's Included.
Wiktionary(0.00 / 0 votes)Rate this definition: 1  accounting(Noun) The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization. 2  accounting(Noun) A relaying of events; justification of actions. He was required to give a thorough accounting of his time.
For the accountancy use of the term, see Capital account (financial accounting) .In macroeconomics and international finance, the capital account (also known as the financial account) is one of two primary components of the balance of payments, the other being the current account.n the IMF's definition, the capital account represents a small subset of what the standard definition designates the capital account, largely comprising transfers. Transfers are one-way flows, such as gifts, as opposed to commercial exchanges (i.e., buying/selling and barter).