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

Tagged:

Read Also:

  • Savings-and-loan-association

    noun 1. a cooperative savings institution, chartered and regulated by a state or the federal government, that receives deposits in exchange for shares of ownership and invests its funds chiefly in loans secured by first mortgages on homes. savings and loan association noun 1. a US name for a building society savings and loan association […]

  • Savings-bank

    noun 1. a bank that receives savings accounts only and pays interest to its depositors. savings bank noun 1. a bank that accepts the savings of depositors and pays interest on them 2. a container, usually having a slot in the top, for saving coins



  • Savings-bond

    noun 1. a U.S. government bond with principal amounts up to $10,000. savings bond definition A bond issued by the United States government and sold in relatively small denominations, mainly to individuals.

  • 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.



Disclaimer: Savings-account definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.