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

Recently, Jackson faced an unexpected car repair that left his savings account nearly empty.

From The Wall Street Journal ● Aug. 22, 2026

The moves were a bit hard to square with rising bond yields, which makes holding precious metals a tough sell compared to just plonking the money in a savings account.

From The Wall Street Journal ● Aug. 21, 2026

The thing about putting your down-payment fund into a high-yield savings account is that you will never lose it.

From MarketWatch ● Aug. 20, 2026

A high-yield savings account generally lets you access your money more easily, though some carry limits on withdrawals or transfers.

From MarketWatch ● Aug. 10, 2026

I’d gotten it for a total steal on Craigslist because the lens cap was missing and the handle was broken, and even then it had wiped out my entire savings account.

From "From Twinkle, with Love" by Sandhya Menon

Related Words

• nest egg