savings account

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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 classic literature ?
What with the accumulating savings account, the paying of the monthly furniture installment and the house rent, the spending money in pocket, and the good fare he was eating, he was puzzled as to how Saxon managed to pay for the goods used in her fancy work.
There are people who love to have multiple savings accounts.
Even before Election Day, the 2016 presidential campaign season had a clear loser: anyone who was hoping the campaign would promote health savings accounts, flexible spending arrangements and other types of personal health accounts.
Paul Stokes, head of products at M&S Bank, said: "It's great that the vast majority hold savings accounts and, more importantly, half are choosing to save regularly.
According to details, Zakat will be deducted from those savings accounts which have sum above the fixed Nisab of Rs41,872.
ONLY seven savings accounts in the UK currently have higher interest rates than the rate of inflation.
The elevated amount of mobilization in the bank s savings accounts segment might be due to the Reserve Bank of India s deregulation of savings accounts, and subsequently, Kotak Bank began presentation of enlarged rates of interest under this section.
Lunalilo Elementary School, which also started in October 2009, boast more than 100 savings accounts with asset growth over 150%.
HSBC Holdings (LSE: HSBA) has announced that it has hiked its interest rate for online savings accounts.
This is not the first Islamic savings account on the market, but it has several features that mark it out from other savings accounts available," said Khaled Rasheed, Regional Head of HSBC Amanah .
The special savings accounts would create a first-ever, tax-exempt way for parents and guardians to save for the future of their loved one with special needs.
This report provides an overview of the costs and benefits of Health Savings Accounts.