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Definitions of savings account
Definition that contains savings account
  • dormant account a savings account showing no activity (other than posting interest) for some specified period
  • time deposit account a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
  • passbook savings account a savings account in which deposits and withdrawals are recorded in the depositor's passbook
  • totten trust a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
  • savings account trust a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
  • trust account a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
  • deposit account a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
  • savings bank trust a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
  • trustee account a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
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