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
April 4 Identity theft, unauthorized computer access, fraud: A Saratoga resident reported that someone used their personal information to access their internet service and bank accounts, then withdrew money from the victim’s savings account for a loss of approximately $9,200.
—
Anne Gelhaus, Mercury News, 13 Apr. 2025
Use your flexible spending account (FSA) or health savings account (HSA).
—Sohaib Imtiaz, Verywell Health, 10 Apr. 2025
But in the days that followed, markets slumped and trillions of dollars were lost in retirement and college savings accounts.
—Alexandra Hutzler, ABC News, 9 Apr. 2025
Families can potentially use their 529 college savings account to repay student debt for a beneficiary without incurring taxes or penalties, Kantrowitz explained.
—Annie Nova, CNBC, 8 Apr. 2025
See All Example Sentences for savings account
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Anne Gelhaus, Mercury News, 13 Apr. 2025
Use your flexible spending account (FSA) or health savings account (HSA).
—Sohaib Imtiaz, Verywell Health, 10 Apr. 2025
But in the days that followed, markets slumped and trillions of dollars were lost in retirement and college savings accounts.
—Alexandra Hutzler, ABC News, 9 Apr. 2025
Families can potentially use their 529 college savings account to repay student debt for a beneficiary without incurring taxes or penalties, Kantrowitz explained.
—Annie Nova, CNBC, 8 Apr. 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 24 Apr. 2025.
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