passbook savings account

American  

noun

1. a type of savings account in which transactions are entered into a passbook in the possession of the account holder.

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Example Sentences

Mr. Dell told the Journal he had $8 in a passbook savings account as an eight-year old and enjoyed watching it grow.

From The Wall Street Journal

I was standing with my 11-year-old son in a bank at 85th Street and Third Avenue as he waited to make a deposit to his passbook savings account.

From New York Times

His parents had helped him get a passbook savings account for his allowance, and he had a job shoveling snow.

From New York Times

The funds are supposed to be as accessible as a passbook savings account, yet pay higher interest.

From New York Times

Like many of you, I suspect, I have fond memories of my first passbook savings account.

From New York Times