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View synonyms for savings account

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.


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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Word History and Origins

Origin of savings account1

First recorded in 1910–15
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Example Sentences

Senate Bill 1452 expands the state’s education savings account voucher.

Affirm provides financing for online purchases to customers who don’t have savings accounts or credit histories, and might otherwise not be denied credit.

From Fortune

In theory, developers could pay a price for their emissions into a kind of county-owned savings account.

Those approaching retirement could at a minimum begin funneling some of their savings in their later years into a safe savings account to cover their first year or two of expenses in retirement.

From Fortune

To combat this challenge, we aim to help one million people open low-cost checking and savings accounts.

From Ozy

Set it up so that a fixed amount from every check goes into that new savings account.

You think the interest rate on your savings account is paltry?

“Currently, it is easier for a child to get a credit card than it is to get a savings account,” she says.

I have about $2K in a savings account and just began contributing to my 403(b).

Do you think I should invest $1K of my savings account money into the stock market?

As for Pant, he, for the first time in his life, had a savings account.

The government paid interest on savings and encouraged even the poorest to have a savings account.

I'll order silver mugs to-morrow, and start a savings account for each baby.

He could see his savings account going down almost to the vanishing point.

I'd suggest, however, that you start a savings account at the local bank with the enclosed salary check.

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saving gracesavings and loan association