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What the F.D.I.C. does is to put the full faith and credit of the United States government behind every savings account in the nation, up to a limit that has changed over the years and stands now at $100,000.
Nick Clooney

Meaning of "savings account" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF SAVINGS ACCOUNT

savings account play
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GRAMMATICAL CATEGORY OF SAVINGS ACCOUNT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Savings account is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES SAVINGS ACCOUNT MEAN IN ENGLISH?

Savings account

Saving accounts are accounts maintained by retail financial institutions that pay interest but cannot be used directly as money in the narrow sense of a medium of exchange. These accounts let customers set aside a portion of their liquid assets while earning a monetary return. For the bank, money in a savings account may not be callable immediately and in some jurisdictions, does not incur a reserve requirement, freeing up cash from the bank's vault to be lent out with interest. The other major types of deposit account are transactional account, money market account, and time deposit.

Definition of savings account in the English dictionary

The definition of savings account in the dictionary is an account at a bank that accumulates interest.

WORDS THAT BEGIN LIKE SAVINGS ACCOUNT

savin
savine
saving
saving clause
saving grace
saving your reverence
savingly
savingness
savings
savings and loan
savings and loan association
savings bank
savings ratio
savings stamp
savior
saviour
Savitskaya
Savoie
savoir-faire
savoir-vivre

WORDS THAT END LIKE SAVINGS ACCOUNT

account
amount
at a discount
bank account
business account
call to account
checking account
count
current account
current-account
discount
investment account
no-account
on account
pollen count
recount
time discount
to account
trading account
viscount
volume discount

Synonyms and antonyms of savings account in the English dictionary of synonyms

SYNONYMS

Translation of «savings account» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF SAVINGS ACCOUNT

Find out the translation of savings account to 25 languages with our English multilingual translator.
The translations of savings account from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «savings account» in English.

Translator English - Chinese

储蓄帐户
1,325 millions of speakers

Translator English - Spanish

cuenta de ahorros
570 millions of speakers

English

savings account
510 millions of speakers

Translator English - Hindi

बचत खाता
380 millions of speakers
ar

Translator English - Arabic

حساب التوفير
280 millions of speakers

Translator English - Russian

Сберегательный счет
278 millions of speakers

Translator English - Portuguese

conta poupança
270 millions of speakers

Translator English - Bengali

সঞ্চয় অ্যাকাউন্ট
260 millions of speakers

Translator English - French

compte d´épargne
220 millions of speakers

Translator English - Malay

akaun simpanan
190 millions of speakers

Translator English - German

Sparkonto
180 millions of speakers

Translator English - Japanese

普通預金口座
130 millions of speakers

Translator English - Korean

저축 계좌
85 millions of speakers

Translator English - Javanese

Akun tabungan
85 millions of speakers
vi

Translator English - Vietnamese

trương mục tiết kiệm
80 millions of speakers

Translator English - Tamil

சேமிப்பு கணக்கு
75 millions of speakers

Translator English - Marathi

बचत खाते
75 millions of speakers

Translator English - Turkish

Tasarruf hesabı
70 millions of speakers

Translator English - Italian

conto di risparmio
65 millions of speakers

Translator English - Polish

konto oszczędnościowe
50 millions of speakers

Translator English - Ukrainian

ощадний рахунок
40 millions of speakers

Translator English - Romanian

cont de economii
30 millions of speakers
el

Translator English - Greek

λογαριασμό ταμιευτηρίου
15 millions of speakers
af

Translator English - Afrikaans

spaarrekening
14 millions of speakers
sv

Translator English - Swedish

sparkonto
10 millions of speakers
no

Translator English - Norwegian

sparekonto
5 millions of speakers

Trends of use of savings account

TRENDS

TENDENCIES OF USE OF THE TERM «SAVINGS ACCOUNT»

The term «savings account» is quite widely used and occupies the 35.583 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Quite widely used
84
/100
The map shown above gives the frequency of use of the term «savings account» in the different countries.
Principal search tendencies and common uses of savings account
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «savings account».

FREQUENCY OF USE OF THE TERM «SAVINGS ACCOUNT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «savings account» during the past 500 years. Its implementation is based on analysing how often the term «savings account» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about savings account

EXAMPLES

4 QUOTES WITH «SAVINGS ACCOUNT»

Famous quotes and sentences with the word savings account.
1
Steve Aoki
I'm 36, but I still feel like a punk kid with $200 in my savings account.
2
Nick Clooney
What the F.D.I.C. does is to put the full faith and credit of the United States government behind every savings account in the nation, up to a limit that has changed over the years and stands now at $100,000.
3
Klaus Kinski
What do you think, that a dollar in a savings account is freedom? Maybe you have understood nothing I have said.
4
Anne Wilson Schaef
Good health is not something we can buy. However, it can be an extremely valuable savings account.

10 ENGLISH BOOKS RELATING TO «SAVINGS ACCOUNT»

Discover the use of savings account in the following bibliographical selection. Books relating to savings account and brief extracts from same to provide context of its use in English literature.
1
Ultimate Tax Free Savings Account Guide
The Ultimate TFSA Guide is an indispensable book that will help you meet your financial goals with the best savings program since the introduction of RRSPs.
Gordon Pape, 2010
2
The 529 College Savings Plan
The charity would name itself as the beneficiary of the College Savings Account, waiting for the designation of a person as the recipient of the scholarship. Once the scholarship is awarded, the College Savings Account would be changed to ...
Richard A. Feigenbaum, David J. Morton, 2003
3
New Perspectives on Microsoft Office Excel 2007, ...
June Jamrich Parsons, Dan Oja, Roy Ageloff, Patrick Carey. Next, you'll apply this $800 per month deposit value to the monthly transfer of funds from the main savings account to the home savings account.
June Jamrich Parsons, Dan Oja, Roy Ageloff, 2010
4
New Perspectives on Microsoft Office Excel 2007, Comprehensive
You used an absolute value in this formula because the amount to transfer to the home savings account each month is always in cell K10 and you don't want the cell reference to change when you copy the formula to the rest of the months.
June Jamrich Parsons, Dan Oja, Roy Ageloff, 2007
5
New Perspectives on Microsoft Office 2007, Brief
Ann Shaffer, Patrick Carey, Kathy Finnegan, Joseph Adamski, Beverly Zimmerman. Next, you'll apply this $800 per month deposit value to the monthly transfer of funds from the main savings account to the home savings account.
Ann Shaffer, Patrick Carey, Kathy Finnegan, 2007
6
New Perspectives on Microsoft Office Excel 2007, ...
To. project. the. new. savings. account. balances: 1. In cell D39, enter the formula =$K$10. You used an absolute value in this formula because the amount to transfer to the home savings account each month is always in cell K10 and you don't ...
June Jamrich Parsons, Dan Oja, Roy Ageloff, 2010
7
New Perspectives on Microsoft Office 2007, First Course, ...
You used an absolute value in this formula because the amount to transfer to the home savings account each month is always in cell K10 and you don't want the cell reference to change when you copy the for— mula to the rest of the months.
Ann Shaffer, Patrick Carey, Kathy Finnegan, 2009
8
New Perspectives on Microsoft Office Excel 2007, Brief
vv vvvvv Next, you'll enter formulas to calculate the changing balance in the couple's main savings account and their home savings account. The main savings account balance is determined by four factors: the initial balance, the amount of ...
June Jamrich Parsons, Dan Oja, Roy Ageloff, 2007
9
529 College Savings Plan Made Simple
In 2005, Joan opened a College Savings Account as established by the State of Maryland (and administered by T. Rowe Price) for the benefit of her son, Steve ( age 12). The initial deposit was $20,000. In 2011, when Steve begins attending ...
Richard A. Feigenbaum, David J. Morton, 2005
10
New Perspectives on Microsoft Excel 2010, Introductory
The new savings account balances are shown in Figure 3-33. Figure 3-33 Monthly savings account balances click to view logical functions fir a Recently Lima" {3 Text - fl loukun {k Re'fucntc ' fl; Math &- Triu - blEl Define Name ' E}- rrm Freud: ...
June Jamrich Parsons, Dan Oja, Roy Ageloff, 2010

10 NEWS ITEMS WHICH INCLUDE THE TERM «SAVINGS ACCOUNT»

Find out what the national and international press are talking about and how the term savings account is used in the context of the following news items.
1
Obama wants to help California create more retirement-savings
... California's bid to provide more workers with retirement savings accounts. ... offering a retirement savings plan for about 6.3 million private-sector workers who ... «Los Angeles Times, Jul 15»
2
30% of Americans Have Zero Savings
A financial adviser tells MarketWatch that what you don't see can help you and recommends a monthly automatic transfer to a savings account; another adds to ... «Newser, Jun 15»
3
The Earnings on Your 529 College Savings Account Stink. Here's …
The average investor in a college savings plan made just about 4% last year, even though the total U.S. stock market rose by almost 14%, a new study from ... «TIME, May 15»
4
4 Ways to Grow a College Savings Account Quickly
Along with missing out on tax benefits, parents who are socking away funds in traditional savings accounts may lose out on potential growth from investing in ... «U.S. News & World Report, May 15»
5
Obama Has Less Than $1001 in Savings Account
President Obama has reported less than $1,001 in his savings account. The disclosure comes as part of the president's annual Executive Branch Personnel ... «The Weekly Standard, May 15»
6
What I Am Putting In My Tax-Free Savings Account
The contribution limit to the Tax-Free Savings Account (TFSA) was increased from its current amount of $5500. The TFSA is quite similar in its rules to the ... «Seeking Alpha, Apr 15»
7
The Slow Global Spread of Savings Accounts
Mobile services like M-Pesa are bringing more people around the world into the formal financial system. Credit Photograph by Benedicte Desrus/Sipa USA via ... «The New Yorker, Apr 15»
8
Hidden Retirement Savings Opportunity: Health Savings Accounts
If you've maxed out your contributions to your other retirement accounts, a health savings account (HSA) could be another way to squeeze in some extra ... «The Cheat Sheet, Mar 15»
9
Americans have a record $248 billion in 529 college savings accounts
They amount of money in the savings plans grew to a record $248 billion in 2014, ... The average account size doubled in the past six years to reach an all-time ... «fox8.com, Mar 15»
10
Boosting tax-free savings account may cost billions: budget watchdog
Boosting the maximum tax-free savings account contribution could cost the federal treasury billions in lost revenue, according to the Parliamentary Budget Office. «CBC.ca, Feb 15»

REFERENCE
« EDUCALINGO. Savings account [online]. Available <https://educalingo.com/en/dic-en/savings-account>. Apr 2024 ».
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