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

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Etymology

Origin of savings account

First recorded in 1910–15

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Example Sentences

See Examples For:

savings account

Curo said the extra money was primarily to increase the block's sinking fund, which acts as a long-term savings account for building costs.

From BBC ● Oct. 8, 2026

A final stumbling block can be reluctance to give up a high-deductible insurance plan at work, which allows an employee to save money for retirement in a health savings account.

From The Wall Street Journal ● Oct. 1, 2026

Millions of Americans retire with far less than a six-figure savings account, and being single in retirement removes a second income stream that couples can rely on.

From MarketWatch ● Sep. 25, 2026

Ideally someone in my situation would have an extra cash buffer in an easily accessible savings account to pay down the card.

From MarketWatch ● Sep. 22, 2026

She also had some money in her savings account.

From "I Am Not Your Perfect Mexican Daughter" by Erika L. Sánchez

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