savings account
noun
a bank account on which interest is paid, traditionally one for which a bankbook is used to record deposits, withdrawals, and interest payments.
Compare
checking account.
Origin of savings account
First recorded in 1910–15
Words nearby savings account
savigny,
savin,
saving,
saving grace,
saving grace, a,
savings account,
savings and loan association,
savings bank,
savings bond,
savings certificate,
savings ratio
British Dictionary definitions for savings account
savings account
noun
an account at a bank that accumulates interest