savings deposit

noun

Definition of savings deposit

: a bank deposit usually of an individual or a nonprofit organization drawing regular interest and payable on 30 days notice

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Learn More About savings deposit

Dictionary Entries Near savings deposit

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Cite this Entry

“Savings deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20deposit. Accessed 25 Sep. 2021.

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