savings account


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Related to savings account: current account, checking account

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 ?
Three frequently discussed options are creating an investment board that will invest the surplus in stocks, earmarking a portion of the current Social Security tax for deposit in a personal savings account and establishing government-approved private savings accounts that are managed entirely by individuals.
For Republicans, the vote on the savings account was a long-sought victory in their efforts to seize the political advantage on education from the Democrats.
Mintel Comperemedia reports that in 2007, 86% of direct mail savings account offers(*) advertised rates between 4.
Those seeking a non-money market savings account without a monthly fee or minimum balance, should compare the top-yielding regular savings accounts, including the five-star Smart Rated Ally Bank Online Savings Account, which boasts FindTheBest's 2011 "Best of" Savings Accounts badge.
Money in the medical savings account is used to pay medical expenses included in the deductible.
Photo: (color) Nick Hale, manager of Axo Sport of Valencia, was ready to buy when medical savings account plans became available.
Most don't know the interest rate on their savings account, which may be as little as 1 percent to 2 percent.
Research conducted by the company shows that UK consumers are confused about when they actually receive interest on a cheque paid into a savings account.
Form 5498-MSA, Medical Savings Account Information: This form was developed for use by MSA trustees or custodians to report contributions, rollovers and fair market value information.
Informa Research Services, a subsidiary of Informa plc (LSE:INF), suggests consumers use high yield savings accounts and automatic transfers to ensure their savings account successfully takes flight (http://www.
Those who haven't opened an online savings account are willingly missing out on the highest interest rates and lowest fees.