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savings account

noun
1.
a bank account on which interest is paid, traditionally one for which a bankbook is used to record deposits, withdrawals, and interest payments.
Compare checking account.
Origin
1910-1915
1910-15
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for savings account
  • We are moving toward only one checking account and only one savings account.
  • Establish a medical savings account for low income beneficiaries.
  • Here's how to do it so that you almost won't notice: set up an automatic transfer into your savings account from every paycheck.
  • He deposited the checks into a savings account and forgot about them.
  • One is punishing savers, such as intangible tax on savings account balance.
  • What both the euro zone and the rest of the world need is a savings account.
  • One can put their money into a government guaranteed savings account at the bank.
  • No one can dispute the wisdom of maintaining a healthy savings account, even if it remains a fantasy for many of us.
  • Being privileged is having a college savings account.
  • Complete the following steps to pay your income tax balance from your checking or savings account.
British Dictionary definitions for savings account

savings account

noun
1.
an account at a bank that accumulates interest
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Difficulty index for savings account

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Word Value for savings

11
14
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