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
According to the Federal Deposit Insurance Corporation (FDIC), a household is considered unbanked if no one in the household has a checking or savings account at a bank or credit union.
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Kelly Phillips Erb, Forbes, 14 Mar. 2025
Twenty states have tax-credit scholarships, 16 have Education Savings Accounts, 10 plus the District of Columbia have vouchers, five have direct tax credits and two have tax-credit educations savings accounts, per the analysis by Education Week.
—Mark Davis, Newsweek, 14 Mar. 2025
Savings On the upside, top-yielding online savings accounts have offered the best returns in more than a decade and currently pay 4.4%, on average, according to Bankrate.
—Jessica Dickler, CNBC, 14 Mar. 2025
Others acknowledged that the declines were a worry for Americans, particularly retirees and those approaching retirement age sensitive to their retirement savings accounts.
—Jason Lange, USA TODAY, 13 Mar. 2025
See All Example Sentences for savings account
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Kelly Phillips Erb, Forbes, 14 Mar. 2025
Twenty states have tax-credit scholarships, 16 have Education Savings Accounts, 10 plus the District of Columbia have vouchers, five have direct tax credits and two have tax-credit educations savings accounts, per the analysis by Education Week.
—Mark Davis, Newsweek, 14 Mar. 2025
Savings On the upside, top-yielding online savings accounts have offered the best returns in more than a decade and currently pay 4.4%, on average, according to Bankrate.
—Jessica Dickler, CNBC, 14 Mar. 2025
Others acknowledged that the declines were a worry for Americans, particularly retirees and those approaching retirement age sensitive to their retirement savings accounts.
—Jason Lange, USA TODAY, 13 Mar. 2025
See All Example Sentences for savings account
Cite this Entry
“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 26 Mar. 2025.
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