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.
CouponBirds recommends opening a holiday savings account in January and making small automatic transfers from each paycheck. Sarah Scott, Parents, 20 Dec. 2025 The same goes for withdrawals from health savings accounts (HSAs) to pay for qualified expenses. Andrea Riquier, USA Today, 19 Dec. 2025 Consider your next moves carefully then (and don't forget about your high-yield savings account options as well). Matt Richardson, CBS News, 19 Dec. 2025 As of September, Tyrrell had about $1,900 in savings and investment accounts, including roughly $425 in a high-yield savings account for emergencies. Mike Winters tasia Jensen, CNBC, 18 Dec. 2025 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 21 Dec. 2025.

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
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