{ bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, iasLog("criterion : cdo_t = finance"); params: { [2][3][4], Learn how and when to remove this template message, "The only difference between regular and high-yield savings that matters is the one that earns you 10 times more on your money", "What a high-yield savings account is and how it can grow your money", Savings Account Definition | Investopedia, Savings Accounts Regulation D | MoneyRates.com, https://en.wikipedia.org/w/index.php?title=Savings_account&oldid=997164457, Articles needing additional references from October 2013, All articles needing additional references, Creative Commons Attribution-ShareAlike License, This page was last edited on 30 December 2020, at 07:53. "noPingback": true, → account "login": { How to use savings account in a sentence. ˈsavings acˌcount [ countable] a bank account for saving money over a long period of time, usually with higher interest than an ordinary DEPOSIT ACCOUNT Most savings accounts pay higher interest on larger balances. googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/savings-account"); In addition, get great offers and privileges via the debit card that comes with your savings account. Governments Markup Subsidy Scheme For Housing Finance; MCB Bank Announces Schedule of Bank Charges (January – June 2021) MCB Bank Timings for Public Dealing { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, bidders: '*', { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, A savings account is a basic type of bank account that allows you to deposit money, keep it safe, and withdraw funds, all while earning interest . The ‘saving account’ is generally opened in bank by salaried persons or by the persons who have a fixed regular income. This facility is also given to … iasLog("criterion : cdo_ptl = entry-lcp"); Click on the arrows to change the translation direction. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/23202586/cdo_rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, A savings account is an interest-bearing deposit account held at a bank or other financial institution. { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, { 'buckets': [{ { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, Learn more. var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); The individual investors deposit a good portion of their financial assets in a postal savings account in order to … var pbAdUnits = getPrebidSlots(curResolution); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, Example from the Hansard archive. },{ { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, 'min': 8.50, { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, Improve your vocabulary with English Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Encourage the little ones to save with a kids' savings account. Pays interest at a rate higher than that of checking account but lower than that of treasury bills. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; It also means you’re placing your money somewhere that is not under your absolute control, since it is being held by a bank or credit union. { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, savings account synonyms, savings account pronunciation, savings account translation, English dictionary definition of savings account. Copyright © 2012, Campbell R. Harvey. iasLog("exclusion label : resp"); },{ { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, { bidder: 'sovrn', params: { tagid: '346688' }}, priceGranularity: customGranularity, { bidder: 'sovrn', params: { tagid: '387233' }}, Get mobile & internet banking features with SMS alerts. A savings account is designed with the primary purpose to help you save. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, } var pbMobileLrSlots = [ A number of countries require savings accounts to be protected by deposit insurance and some countries provide a government guarantee for at least a portion of the savings account balance. "authorization": "https://dictionary.cambridge.org/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=ENTRY_TRANSLATE&v1=english&v2=savings-account&v3=&v4=english&_=RANDOM", Get kids in to the habit of saving. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, 'cap': true { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'appnexus', params: { placementId: '19042093' }}, Almost all savings accounts accrue compound interest over time. googletag.enableServices(); pbjs.que = pbjs.que || []; { bidder: 'sovrn', params: { tagid: '446382' }}, googletag.pubads().setCategoryExclusion('lcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); Health Savings Accounts (HSAs) were created by H. R. 1, the "Medicare Prescription Drug, Improvement and Modernization Act of 2003," which was signed into law by US President George W. Bush on December … dfpSlots['rightslot'] = googletag.defineSlot('/23202586/cdo_rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); }, { bidder: 'sovrn', params: { tagid: '446381' }}, 'increment': 1, { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, [1], High yield savings accounts, sometimes abbreviated to HYSA, are a type of savings account with higher interest than normal savings accounts. name: "_pubcid", googletag.pubads().setTargeting("sfr", "cdo_dict_english"); Fixed regular income 's can be a good option for short term investing English... Masculine ] de dépôt, compte [ masculine ] de dépôt, compte d ’ épargne… its licensors variety. 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