savings account
noun
Definition of savings account
: 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
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Examples of savings account in a Sentence
She opened a savings account.
1850
First Known Use of savings account
1850
SAVINGS ACCOUNT Defined for English Language Learners
savings account
noun
Definition of savings account for English Language Learners
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: a bank account in which people keep money that they want to save
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