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passbook savings account

noun

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

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Nearby words

passant, passata, passavant's cushion, passband, passbook, passbook savings account, passchendaele, passcode, passe, passe-partout, passed

Compare statement savings account.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019