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Christmas club

American  

noun

  1. a savings account in a bank in which regular deposits are made, usually throughout one year, as to provide funds for Christmas shopping.


Etymology

Origin of Christmas club

First recorded in 1905–10

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Sainsbury's says it has seen a 48% increase in the number of people signed up for its Christmas club this year.

From BBC • Nov. 28, 2022

She chose them weeks ago but is paying for them over several weeks as part of the craft shop's Christmas club.

From BBC • Nov. 28, 2022

A bonus check usually does not have deductions such as a Christmas club or medical insurance taken out of them.

From Encyclopedia.com • Feb. 13, 2018

This time, the effort is a combination of Big Data research and an old-fashioned Christmas club.

From New York Times • Aug. 8, 2013

Farepak began in 1969 as a Christmas club in a south London butcher's, and provided hampers and vouchers in return for weekly or monthly cash payments through a network of 25,000 local agents.

From The Guardian • Apr. 25, 2010