savings account


A deposit account at a bank or savings and loan which pays interest, but cannot be withdrawn by check writing.

Use savings account in a sentence

You should make sure to always keep something in a separate savings account that you will not touch for business needs.

​ Was this Helpful? YES  NO 3 people found this helpful.

I recently took my eldest daughter to open her first savings account to deposit the monies she had earned babysitting in the neighborhood.

​ Was this Helpful? YES  NO 6 people found this helpful.

My grandmother refused to invest her money in the stock market and instead kept it all in a savings account at her bank where she could keep an eye on it and it would earn a little interest.

​ Was this Helpful? YES  NO 4 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Annual Percentage Yield APY