savings account

noun

Synonyms of savings accountnext
: 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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Tax credits reduce a person’s tax liability dollar for dollar but don’t directly add to savings accounts. Jeanne Sahadi, CNN Money, 16 Feb. 2026 That includes external savings accounts, but is not broken out in the data. Sarah Agostino, CNBC, 15 Feb. 2026 What is your vision for education savings accounts in Texas? Eleanor Dearman, Fort Worth Star-Telegram, 14 Feb. 2026 The couple asked their guests to contribute to their daughters’ college savings accounts in lieu of gifts. Eliza Shapiro, New York Times, 14 Feb. 2026 See All Example Sentences for savings account

Word History

First Known Use

1850, in the meaning defined above

Time Traveler
The first known use of savings account was in 1850

Browse Nearby Words

Cite this Entry

“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 23 Feb. 2026.

Kids Definition

savings account

noun
: an account (as in a bank) on which interest is usually paid and from which withdrawals can be made

More from Merriam-Webster on savings account

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster