savings account
noun
: an account (as in a bank) on which interest is usually paid and from which withdrawals can be made usually only by presentation of a passbook or by written authorization on a prescribed form
Examples of savings account in a Sentence
She opened a savings account.
Recent Examples on the Web
This strategy involves setting up universal savings accounts as funded by the government.
—
Bychloe Berger, Fortune, 10 May 2024
Ghilarducci and Hassett think that only a federal program in which savings accounts of eligible workers are topped up with government money will significantly increase the participation and savings rates of low-income Americans.
—Michael Steinberger Malcolm Hillgartner Tanya Pérez Steven Szczesniak, New York Times, 8 May 2024
See all Example Sentences for savings account 
Bychloe Berger, Fortune, 10 May 2024
Ghilarducci and Hassett think that only a federal program in which savings accounts of eligible workers are topped up with government money will significantly increase the participation and savings rates of low-income Americans.
—Michael Steinberger Malcolm Hillgartner Tanya Pérez Steven Szczesniak, New York Times, 8 May 2024
See all Example Sentences for savings account
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'savings account.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 18 May. 2024.
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