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
Your best bet for snagging the highest rate is an online-only personal savings account, which even beat the average rate on a one-year Certificate of Deposit (CD), according to the Banking Landscape report released Thursday by finance site WalletHub.
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Medora Lee, USA TODAY, 18 Apr. 2024
Finally, and perhaps most tellingly, Fink can’t get his story straight about the destruction of pensions and their replacement by fancy savings accounts with barely any money in them.
—Randi Weingarten, Fortune, 5 Apr. 2024
See all Example Sentences for savings account 
Medora Lee, USA TODAY, 18 Apr. 2024
Finally, and perhaps most tellingly, Fink can’t get his story straight about the destruction of pensions and their replacement by fancy savings accounts with barely any money in them.
—Randi Weingarten, Fortune, 5 Apr. 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 4 May. 2024.
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