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Savings account
01
a bank account that pays interest on one's deposited money and is intended to help one save over time
Example
The customer credited their savings account with a large sum of money from their inheritance.
Every month, she pays a fixed sum into her savings account.
I lay aside some money each month for my savings account.
The interest on the savings account grows cumulatively with each deposit.
She had to obligate her savings account as collateral for the loan.
