savings account
- noun
- /ˈseɪvɪŋz əˈkaʊnt/
- I would like to open a savings account to earn interest on my money.
- establish a savings account
- savings account at banks
- deposit and savings accounts
Have less money in high yield savings accounts, more money in stocks.
- Have less money in high yield savings accounts, more money in stocks.
- I need to have more money in my savings account.
- However, I can hack the government's rules to have a bigger savings account than this.
- And that's the same case here with kids savings accounts.
- Note I said FDIC insured savings account.
- Yeah, but I do, I wonder, like, should I be having like a a savings account for them for school?
- They fight charter schools, vouchers, school tax credits, education savings accounts.
- The HSA stands for health savings account.
- Well, it is not a normal savings account.
- But there is a lesser known way that you can get tax benefits with a health savings account, AKA and HSA.
Examples
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After some careful planning, she decided to transfer her extra funds into a savings account.
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He deposited his paycheck into his savings account every month to save for a new car.
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And I have I have a good savings account and I have some stock.
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What do our savings accounts look like?
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I wanna open up a savings account for you, okay?
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Yeah, you know, I was thinking about starting a savings account.
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Anyway, I put all that money in a savings account.
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I have a savings account.
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Every week, Paul put a little money into a bank savings account.
Fiction book (1993) -
We went to the bank to open a savings account, but the bank refused him.
Fiction book (2002)
Synonyms
A record of money received and paid by a person or business
A service from a bank to keep and use your money
A bank account where you leave money for a fixed time and often cannot take it out without notice
A savings account where the bank writes deposits and withdrawals in a paper book the customer keeps
How Accessible
- US
- Specialized
- Specialized
Surface Forms
Morphology
The meaning is directly and transparently compositional: 'savings' (funds set aside) + 'account' (a bank record) yields an account used for saving money. This noun–noun compounding is a common, cross-linguistic pattern and would be readily understood by a B1 learner who knows both constituents.
Etymology
The compound savings account shows a bank account that holds your savings, like a safe box where you put money away and let it grow. So it means a bank account to 'save money' for the future and earn interest.