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
At the beginning of 2020, there were education savings account (ESA) programs operating in only five states, while approximately a dozen states offered parents access to private school vouchers.
—
Patrick Gleason, Forbes, 14 Jan. 2025
As a result, some banks have rolled out high-interest savings accounts to attract savers.
—CBS News, 14 Jan. 2025
Most of these assets come from health savings account deposits, and HSA deposit costs at the company have remained below 20 basis points through the rate-hiking cycle, the analyst said.
—Darla Mercado, Cfp®, CNBC, 13 Jan. 2025
Direct File can now support taxpayers claiming the child and dependent care credit, premium tax credit, credit for the elderly and disabled and retirement savings contribution credits, health savings accounts deductions.
—Medora Lee, USA TODAY, 10 Jan. 2025
See all Example Sentences for savings account 
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Patrick Gleason, Forbes, 14 Jan. 2025
As a result, some banks have rolled out high-interest savings accounts to attract savers.
—CBS News, 14 Jan. 2025
Most of these assets come from health savings account deposits, and HSA deposit costs at the company have remained below 20 basis points through the rate-hiking cycle, the analyst said.
—Darla Mercado, Cfp®, CNBC, 13 Jan. 2025
Direct File can now support taxpayers claiming the child and dependent care credit, premium tax credit, credit for the elderly and disabled and retirement savings contribution credits, health savings accounts deductions.
—Medora Lee, USA TODAY, 10 Jan. 2025
See all Example Sentences for savings account
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 22 Jan. 2025.
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