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

However, you can use the money in a flexible spending account or a health savings account to pay for the checkup.

From MarketWatch ● Oct. 5, 2026

When the Tulane University freshman woke up on his birthday this August, his first order of business as a legal adult was opening a brokerage account and a high-yield savings account.

From MarketWatch ● Sep. 24, 2026

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

My father had kept a savings account in a Kraków bank, but those funds had disappeared when all Jewish bank accounts became the property of the Nazis.

From "The Boy on the Wooden Box" by Leon Leyson

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