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passbook savings account

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

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

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.

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

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

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

It's like taking a credit-card cash advance and putting it in a passbook savings account.

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