Meaning of the word "savings account" in English
What does "savings account" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
savings account
US /ˈseɪvɪŋz əˌkaʊnt/
UK /ˈseɪvɪŋz əˌkaʊnt/
Noun
1.
a bank account that earns interest and is typically used for saving money rather than for daily transactions
Example:
•
I deposit a portion of my salary into my savings account every month.
•
It's a good idea to have an emergency fund in a separate savings account.
Synonym:
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