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savings account

American  

noun

  1. a bank account on which interest is paid, traditionally one for which a bankbook is used to record deposits, withdrawals, and interest payments.

savings account British  

noun

  1. an account at a bank that accumulates interest

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of savings account

First recorded in 1910–15

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

There were things Adhikari added that Sane didn’t have, including access to the bank accounts she had set up for their kids, her disability insurance information and a health savings account from a prior employer.

From The Wall Street Journal

We tracked retirement accounts, as well as individual and joint savings accounts.

From The Wall Street Journal

Under Australia’s primary retirement-savings system, known as “superannuation,” employers are required to fund workers’ savings accounts, which are invested in select funds.

From MarketWatch

WSJ | Buy Side: Beat average interest rates with one of the top high-yield savings accounts.

From The Wall Street Journal

Many ACA plans are eligible to be paired with a health savings account.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.