Definitions for "savings account"
A deposit account at a bank or savings and loan which pays interest, but cannot be withdrawn by check writing.
An account established at a bank or credit union as a safe place for storing money. Interest is paid on deposited money and withdrawals can be made by visiting a bank teller or using an ATM card, if one is available. Minimum deposit amounts may be required in order to avoid fees.
An agreement between a financial institution and an individual, where the individual places his or her money with the financial institution in exchange for the financial institution's providing safekeeping and paying the individual interest.
Keywords:  exch, sec, securities
Securities and Exch. (SEC)
Keywords:  kids, great, telling, investment, lead
a great lead-in to telling kids about investments
a great way to get started on a savings program
a low risk investment
Keywords:  asset, something, cash, own, you
a cash asset
an asset, something you own
Keywords:  fine, place, small, amounts
a fine place
a place to save small amounts
Keywords:  liquid, asset, example
an example of a liquid asset