savings account

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Related to Saving Accounts: current accounts

savings account

n.
An account that draws interest at a bank.

savings account

n
(Banking & Finance) an account at a bank that accumulates interest

sav′ings account`


n.
a bank account with interest.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.savings account - a bank account that accumulates interestsavings account - a bank account that accumulates interest
bank account - a fund that a customer has entrusted to a bank and from which the customer can make withdrawals; "he moved his bank account to a new bank"
deposit account, time deposit account - a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
dormant account - a savings account showing no activity (other than posting interest) for some specified period; "the dormant account reverted to the state under escheat laws"
passbook savings account - a savings account in which deposits and withdrawals are recorded in the depositor's passbook
Translations
حِساب تَوْفير
spořitelní účet
opsparingskonto
takarékbetét
sparisjóîsreikningur
účet v sporiteľni
hranilni račun
tasarruf hesabı

savings account

nlibretto di risparmio

save1

(seiv) verb
1. to rescue or bring out of danger. He saved his friend from drowning; The house was burnt but he saved the pictures.
2. to keep (money etc) for future use. He's saving (his money) to buy a bicycle; They're saving for a house.
3. to prevent the using or wasting of (money, time, energy etc). Frozen foods save a lot of trouble; I'll telephone and that will save me writing a letter.
4. in football etc, to prevent the opposing team from scoring a goal. The goalkeeper saved six goals.
5. to free from the power of sin and evil.
6. to keep data in the computer.
noun
(in football etc) an act of preventing the opposing team from scoring a goal.
ˈsaver noun
a person or thing that saves, avoids waste etc. The telephone is a great time-saver.
ˈsaving noun
a way of saving money etc or the amount saved in this way. It's a great saving to be able to make one's own clothes.
ˈsavings noun plural
money saved up. He keeps his savings in the bank.
saviour , (American) savior (ˈseivjə) noun
1. (usually with capital) a person or god who saves people from sin, hell etc.
2. a person who rescues a person etc from danger etc. He was the saviour of his country.
saving grace
a good quality that makes up for a fault. His speeches are boring but they have the saving grace of being short.
savings account
an account in a bank or post office on which interest is paid.
savings bank
a bank that receives small savings and gives interest.
save up
to save. He's been saving up for a new bike.
References in periodicals archive ?
It is believed that M-wallets, electronic saving accounts that can be used for shopping using mobile handsets, will help banks to overcome competition.
The package of bills provides tax-free saving accounts for people with disabilities; allows universities to set up career-ready courses to help people find employment; and increases funding for special education vouchers from $14 million to $50 million.
Muscat: Oman Arab Bank (OAB) has recently launched the prize scheme for its 'Hassad Smart Family' Saving Accounts for the year 2014, which comes as part of the bank's annual plan for this year.
A According to recent data, in February the interest ratings on saving accounts reached record low levels a for private citizens they are an average of 3.
This entitles the client to high profits, compared to other saving accounts, because it is a long-term investment.
Six percent profit will be given on saving accounts while seven percent on super saver plus accounts.
Disbursements for investment saving accounts are 1.
Saving is very important, but banks usually do not open opening saving accounts with low amounts of money.
The top winners were honoured at a presentation ceremony and the cash prizes were directly deposited into their Ithmaar saving accounts.
5 million into their saving accounts during National Youth Savings Week.
SIX million children are now eligible for tax-free Junior Isa saving accounts.
The campaign organizers said "the idea is based on opening saving accounts or adding new sums to their deposits in the Bank.