Appearance
Use device theme  
Dark theme
Light theme

What is a savings account?

What is a savings account? Here are some definitions.

Noun
  1. (finance, banking) A bank account designed for a client's savings, which compared to a current account typically entails withdrawal restrictions but yields a better interest
Find more words!
Use * for blank tiles (max 2) Advanced Search Advanced Search
Use * for blank spaces Advanced Search
Advanced Word Finder
Similar Words
Examples
Deposit your redundancy cheque in a Best Buy high-interest easy-access savings account, and try to eke it out for as long as you can.
For instance, if I want to pay for some business-related books, I would debit my savings account and credit an expense account for books.
If you're that skittish about investing, you're probably better off in a high-interest savings account anyway.
His health savings account requires insurance plans with high deductibles, which undermines the goal of preventive care.
Remember it is pointless keeping too much surplus money in a savings account if you are also servicing debt at a higher rate of interest.
Can I link a savings account to a checking account to cover overdrafts and, if so, what is the monthly charge?

See Also

Nearby Definitions
Find Definitions
go
Word Tools Finders & Helpers Apps More Synonyms
Copyright WordHippo © 2024