Christmas club

noun

1. a savings account in a bank in which regular deposits are made, usually throughout one year, as to provide funds for Christmas shopping.

Word History and Origins

Origin of Christmas club¹

First recorded in 1905–10

Example Sentences

A bonus check usually does not have deductions such as a Christmas club or medical insurance taken out of them.

From Encyclopedia.com

She chose them weeks ago but is paying for them over several weeks as part of the craft shop's Christmas club.

From BBC

It's a feeling echoed by Pearl Norton, who has had a Christmas club for many years at her toy shop, Starlings, in Dereham, Norfolk.

From BBC

Sainsbury's says it has seen a 48% increase in the number of people signed up for its Christmas club this year.

From BBC

"They want to join the Christmas club or get money saved so they can buy one of the hampers," he explained.

From BBC