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Christmas club

   Also found in: Wikipedia 0.04 sec.
Christmas club
n.
A savings account, as in a bank, requiring periodic deposits to ensure money for shopping at Christmas.


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Well then, the next time you go to a neighborhood block party, let's see you show everybody your Christmas Club account.
For singles, It's double by CURRIER, CHET / Los Angeles Business Journal
This doesn't mean Cal Oaks Bank isn't innovative: It provides Internet banking, a youth center where children can play while parents do their banking and one very old idea - Christmas Club accounts - disguised as a new one.
NEW BANK GETS OFF TO GOOD START USING OLD-FASHIONED PRINCIPLES by Daily News (Los Angeles, CA)
Waits uses his sources to great effect, illuminating topics ranging from the social and economic dynamics of the Christmas bonus to the origins of Christmas Club savings accounts.
The Modern Christmas in America by Martin, Scott C. / Journal of Social History
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