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 criminal complaint, Navy Federal Credit Union’s Global Security Investigations Department contacted the postal service in July 2024 and reported that Hayes deposited fraudulent checks into her personal checking and savings accounts.
—
Saleen Martin, USA TODAY, 13 Feb. 2025
The trustees of Alaska’s Permanent Fund, an $80 billion savings account whose earnings provide residents with annual dividends and help pay for government services, decided to invest more money in companies with ties to Alaska.
—ProPublica, 13 Feb. 2025
PayPal does the same thing with its savings account, with funds stored and protected through Synchrony Bank, but funds stored in PayPal itself are not protected.
—Jason Lalljee, Axios, 12 Feb. 2025
That includes three main checking, savings and high-yield savings accounts worth anywhere from $1,001 to $15,000 each.
—Thomas G. Moukawsher, Newsweek, 6 Feb. 2025
See All Example Sentences for savings account
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Saleen Martin, USA TODAY, 13 Feb. 2025
The trustees of Alaska’s Permanent Fund, an $80 billion savings account whose earnings provide residents with annual dividends and help pay for government services, decided to invest more money in companies with ties to Alaska.
—ProPublica, 13 Feb. 2025
PayPal does the same thing with its savings account, with funds stored and protected through Synchrony Bank, but funds stored in PayPal itself are not protected.
—Jason Lalljee, Axios, 12 Feb. 2025
That includes three main checking, savings and high-yield savings accounts worth anywhere from $1,001 to $15,000 each.
—Thomas G. Moukawsher, Newsweek, 6 Feb. 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 27 Feb. 2025.
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