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View synonyms for savings account

savings account

noun

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



savings account

noun

  1. an account at a bank that accumulates interest

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of savings account1

First recorded in 1910–15

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saving gracesavings and loan association