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savings certificate

noun
1.
a certificate of deposit for a specific sum of money in a savings account, especially a deposit for a fixed term at a specified interest rate.
Origin
1915-1920
1915-20
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for savings certificate
  • It is not a savings account or savings certificate, nor should it be bought for short term purposes.
  • It is not a savings account or a savings certificate.
  • It's not a savings account or a savings certificate.

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Word Value for savings

11
14
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