passbook savings account
a type of savings account in which transactions are entered into a passbook in the possession of the account holder.
“Daylight Savings Time” And More Commonly Mixed-Up WordsEvery March and November, most Americans change their clocks to keep up with the switch into or out of daylight-saving time. This practice of advancing the clocks ahead an hour is called daylight-saving time. But, because daylight savings time is used so frequently, the term is also considered acceptable. Daylight saving time means that since the clock is moved ahead one hour, you get one …
Compare statement savings account.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019