savings account

savings account
a bank account on which interest is paid, traditionally one for which a bankbook is used to record deposits, withdrawals, and interest payments. Cf. checking account.
[1910-15]

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Universalium. 2010.

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  • savings account — n. an account in a bank on which interest is paid …   English World dictionary

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  • savings\ account — noun An account in a bank, where people put money to save it, and the bank uses the money and pays interest every year. If you leave your money in your savings account for six months or a year, the bank will pay interest on it. Compare: checking… …   Словарь американских идиом

  • savings account — savings ac.count n a bank account in which you keep money that you want to save for a period of time, and which pays you ↑interest on the money you have in it →↑checking account, current account ↑current account …   Dictionary of contemporary English

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