Savings Accounts

Business / Accounting / Savings Accounts: Accounts at financial institutions that allow regular deposits and withdrawals. The minimum required deposit, fees charged, and interest rate paid varies among providers.

Other Words for Savings

Savings Adjective Synonyms: resources, reserve, cache, hoard, nest egg
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Savings Account

Business / Debt / Savings Account: An account with a bank or financial institution which pays interest on balances held, usually once or twice per year, the amount of interest paid usually depends on to the amount of money in the accou MORE

Medical Savings Accounts (MSA)

Business / Human Resources (HR) / Medical Savings Accounts (MSA): Savings accounts designated for out-of-pocket medical expenses. In an MSA, employers and individuals are allowed to contribute to a savings account on a pre-tax basis and carry over the unused funds a MORE

Reserve Accounts

Business / Accounting / Reserve Accounts: Reserve accounts are usually set up to make a balance sheet clearer by reserving or apportioning some of a business's capital against future purchases or liabilities (such as the replacement of capita MORE

Savings

Business / Accounting / Savings: The process of setting aside money until a future date instead of spending it today. The goal of saving is to provide funds for emergencies, short-term goals, and investments. MORE

Savings Accounts

Business / Accounting / Savings Accounts: Accounts at financial institutions that allow regular deposits and withdrawals. The minimum required deposit, fees charged, and interest rate paid varies among providers. MORE

Registered Retirement Savings Plan (RRSP)

Business / Finance / Registered Retirement Savings Plan (RRSP): Tax-sheltered retirement plan for Canadian citizens, much like an American IRA. MORE

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