savings account
noun
: an account (as in a bank) on which interest is usually paid and from which withdrawals can be made usually only by presentation of a passbook or by written authorization on a prescribed form
Examples of savings account in a Sentence
She opened a savings account.
Recent Examples on the Web
During the 2023 session, legislators introduced a bill that would have created education savings accounts to let families who send their kids to private schools or those who home school their kids get state funding for tuition and other expenses.
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Becca Savransky, Idaho Statesman, 20 May 2024
Having three to six months’ worth of living expenses, or more, in a regular savings account tends to be a common recommendation.
—Nerdwallet, The Mercury News, 20 May 2024
See all Example Sentences for savings account 
Becca Savransky, Idaho Statesman, 20 May 2024
Having three to six months’ worth of living expenses, or more, in a regular savings account tends to be a common recommendation.
—Nerdwallet, The Mercury News, 20 May 2024
See all Example Sentences for savings account
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'savings account.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near savings account
Cite this Entry
“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 1 Jun. 2024.
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