passbook savings account

passbook savings account

 
noun
a type of savings account in which transactions are entered into a passbook in the possession of the account holder.
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Passbook savings account is always a great word to know.
So is lollapalooza. Does it mean:
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
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WordNet
passbook savings account

noun
a savings account in which deposits and withdrawals are recorded in the depositor's passbook 
WordNet® 3.0, © 2006 by Princeton University.
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