savings account

(redirected from Savings deposits)
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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 ?
In the first nine months of 2015, consumer savings deposits grew by 1.
However, A recent study by Nomura (NYSE: NMR) said that commercial banks in India are not only plagued by bad loans, but also by sliding current and savings deposits.
There was drop in time and savings deposits by close to 10 per cent.
Still, the fact that savings deposits of Bulgarian households reached BGN 40.
On the other hand, the value of savings deposits stood at SR17.
The liquidity from savings deposits supplies credit unions with the funds to meet local member credit demand and provides the institutions with a stable and long-term source of self-sustaining financing," according to "Striking the Balance in Microfinance: A Practical Guide to Mobilizing Savings," World Council publication.
As demand and savings deposits increased and time deposits were little changed, Hong Kong-dollar deposits rose 1.
European Commission president Jose Manuel Barroso distanced himself on Sunday from the idea that German savings deposits could be used to fund European bank rescues, potentially diminishing a major objection in Germany to a banking union.
The firm, who fund loans to small businesses from savings deposits, lent pounds 600million.
M2 is a category of money supply that includes general use in addition to all time-related deposits, savings deposits, and non-institutional money-market funds.
Chief executive Graham Beale said the group's balance sheet was among the strongest in the industry, but warned that Europe's debt crisis was forcing up the cost of industry funding - fuelling greater competition for savings deposits at a time when the market is growing slowly.
Despite the high rate of poverty, towering unemployment and persistent uncertainty caused by the economic crisis in the world, bankers are satisfied -- savings deposits are rising although not at the same speed as previous years.