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
Your best bet for snagging the highest rate is an online-only personal savings account, which even beat the average rate on a one-year Certificate of Deposit (CD), according to the Banking Landscape report released Thursday by finance site WalletHub.
—
Medora Lee, USA TODAY, 18 Apr. 2024
Finally, and perhaps most tellingly, Fink can’t get his story straight about the destruction of pensions and their replacement by fancy savings accounts with barely any money in them.
—Randi Weingarten, Fortune, 5 Apr. 2024
To maximize that interest, try to transfer your money into a high-yielding online savings account, which currently pay between 4% and 5%, according to Bankrate.com.
—Jeanne Sahadi, CNN, 11 Mar. 2024
Over-the-counter drugs can also be paid for or reimbursed through flexible spending or health savings accounts, the company said, and may be available through employers.
—Irene Wright, Miami Herald, 4 Mar. 2024
Unsurprisingly for a highly successful Wall Street CEO, Fink thinks that the financialization of America’s private sector defined benefit system since the 1970s and its replacement by underfunded savings accounts is a good thing.
—Randi Weingarten, Fortune, 5 Apr. 2024
For example, money in savings accounts rarely moves while physical cash in wallets tends to turnover rapidly, with a high velocity of money.
—Mark Lurie, Forbes, 29 Mar. 2024
These individual savings accounts hold the funds until the child turns 18, however, at which point the account automatically becomes an adult ISA where savings can continue to grow.
—PCMAG, 26 Mar. 2024
In his line-item veto, Gordon listed questions of constitutionality and raised concerns about providing significant funding to education savings accounts in light of Wyoming’s boom-and-bust budget cycle.
—USA TODAY, 23 Mar. 2024
Medora Lee, USA TODAY, 18 Apr. 2024
Finally, and perhaps most tellingly, Fink can’t get his story straight about the destruction of pensions and their replacement by fancy savings accounts with barely any money in them.
—Randi Weingarten, Fortune, 5 Apr. 2024
To maximize that interest, try to transfer your money into a high-yielding online savings account, which currently pay between 4% and 5%, according to Bankrate.com.
—Jeanne Sahadi, CNN, 11 Mar. 2024
Over-the-counter drugs can also be paid for or reimbursed through flexible spending or health savings accounts, the company said, and may be available through employers.
—Irene Wright, Miami Herald, 4 Mar. 2024
Unsurprisingly for a highly successful Wall Street CEO, Fink thinks that the financialization of America’s private sector defined benefit system since the 1970s and its replacement by underfunded savings accounts is a good thing.
—Randi Weingarten, Fortune, 5 Apr. 2024
For example, money in savings accounts rarely moves while physical cash in wallets tends to turnover rapidly, with a high velocity of money.
—Mark Lurie, Forbes, 29 Mar. 2024
These individual savings accounts hold the funds until the child turns 18, however, at which point the account automatically becomes an adult ISA where savings can continue to grow.
—PCMAG, 26 Mar. 2024
In his line-item veto, Gordon listed questions of constitutionality and raised concerns about providing significant funding to education savings accounts in light of Wyoming’s boom-and-bust budget cycle.
—USA TODAY, 23 Mar. 2024
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.
Dictionary Entries Near savings account
Cite this Entry
“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 23 Apr. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share