savings account

noun

Synonyms of savings accountnext
: 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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Much like existing child-savings accounts, these are essentially tax-advantaged investment vehicles. Will Gottsegen, The Atlantic, 21 May 2026 And while the high-yield savings account is positioned to be slightly more profitable over the next nine months, the CD still comes out on top after a full year. Matt Richardson, CBS News, 20 May 2026 One such Stealth Tax is the limit on contributions to Coverdell education savings accounts. Bob Carlson, Forbes.com, 20 May 2026 The standard advice is to have three to six months’ worth of essential living expenses in a liquid, high-yield savings account. Jeanne Sahadi, CNN Money, 20 May 2026 See All Example Sentences for savings account

Word History

First Known Use

1850, in the meaning defined above

Time Traveler
The first known use of savings account was in 1850

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Cite this Entry

“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 23 May. 2026.

Kids Definition

savings account

noun
: an account (as in a bank) on which interest is usually paid and from which withdrawals can be made

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