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savings account

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
sav·ings account (svngz)
n.
An account that draws interest at a bank.
savings account
n
(Economics, Accounting & Finance / Banking & Finance) an account at a bank that accumulates interest
ThesaurusLegend:  Synonyms Related Words Antonyms
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
savings account n → libretto di risparmio
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The savings account offers an above-market rate and yield for balances between $2,500 and $49,999.
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A savings account can help you to make your money grow and whether you are devising a short or long term savings plan you can be sure to find the right place for your money as there are several savings accounts for a variety of purposes.
All Sorts of Savings Accounts by Adam Singleton / Finance and Investment community
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