Primary navigation:

QFINANCE Quick Links
QFINANCE Reference

Home > QFINANCE Dictionary > Definition of savings account

Definition of

savings account


account paying interest an account with a bank or savings and loan association that pays interest.

Related definitions of "savings account"

Recommended Further Reading (Term count)
  • Jeremy Siegel
    Renowned finance academic, and writer
    Jeremy Siegel is professor of finance at the Wharton School of the University of Pennsylvania, and provides analysis of the economy and financial markets in the press, on television networks, and at conferences, and international programs. He writes regular columns for Kiplinger’s Personal Finance and Yahoo! Finance, and is an advisor to Wisdom Tree Investments. He has also contributed articles to the Wall Street Journal, Barron’s, the Financial...
  • Banks and Small and Medium-Sized Enterprises: Recent Business Developments
    by Sergio Schmukler, Augusto de la Torre, María Soledad Martínez Pería
    A common perception is that small and medium-sized enterprises (SMEs) cannot access appropriate financing. This perception is often supported by academic and policy circles’ “conventional wisdom” that banks are generally not interested in dealing with SMEs, mainly due to SMEs’ perceived opaqueness1 and higher informality.2 As capital markets do not compensate for these deficiencies in the banking sector, the need to receive special assistance,...
  • Net Present Value
    The projected profitability of an investment, based on anticipated cash flows and discounted at a stated rate of interest.
  • Attracting Small Investors
    by Wondimu Mekonnen
    A company is financed by various sources, such as short-term borrowings, long-term debt, and owner’s equity—ordinary shares, preference shares, and reserves. Small investors can participate in most of these. A significant portion of funds finds its way into the bond or stock markets through financial institutions that are the repositories of household savings. Therefore, the size of resources available for financing a company’s activities...

Definitions of ’savings account’ and meaning of ’savings account’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’savings account’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top