savings account

American  

noun

• savings accounts
  plural

1. a bank account on which interest is paid, traditionally one for which a bankbook is used to record deposits, withdrawals, and interest payments.

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savings account British  

noun

1. an account at a bank that accumulates interest

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Other Word Forms

Noun Inflected Forms

• savings accounts
  plural

Etymology

Origin of savings account

First recorded in 1910–15

Example Sentences

See Examples For:

savings account

This year, she withdrew $2,000 from her savings account, leaving her with roughly $13,000 in the bank.

From The Wall Street Journal ● Sep. 18, 2026

Now, "we are depleting that savings account", she warned.

From Barron's ● Sep. 17, 2026

WMO Secretary-General Celeste Saulo voiced particular concern about the decline in "slow reserves", like groundwater and glaciers, which she said had traditionally served as the planet's "savings account".

From Barron's ● Sep. 17, 2026

And during the same period, I could take the cash that I would have put toward those expenses and put it in a high-yield savings account or Treasury bonds instead.

From MarketWatch ● Sep. 16, 2026

“No, I got it. Thanks. A savings account for college is a good idea.”

From "Okay for Now" by Gary D. Schmidt

Related Words

• nest egg