SAVINGS BANK • DICCIONARIO INGLES.COM • Definition of Savings bank

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/sˈeɪvɪŋz bæŋk/ Listen

Savings bank

noun

A thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks.

A container (usually with a slot in the top) for keeping money at home. Synonyms: bank, coin bank, money box.

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"Savings bank" Quotes from Famous Books

... languished in Vermont, less wheat was being planted and the farmers, no longer growing wool, were selling their flocks. Most of the growth was to be found in the industrial counties. The traditional New England thrift, however, was not lost with the migration of the people, for savings bank deposits were increasing, and the state of Vermont was free from debt in 1880, and all its counties in 1890. The South, between 1870 and 1890, increased in numbers a little less rapidly than the country as a whole. On the Atlantic Coast the greatest relative expansion was in Florida; in the ...

— The United States Since The Civil War • Charles Ramsdell Lingley

... pleasures of the great city. It is a passion with her to ride in hansom cabs, sir. Whenever the family take their eyes off her she escapes from the house and spends the day riding about in cabs. On several occasions she has broken into the children's savings bank to secure the means to enable ...

— My Man Jeeves • P. G. Wodehouse

... however, managed, before he died (two days before), to send to Miss Crewe a money order for her quarter's allowance of fifty pounds. This had left him with precisely four shillings and twopence in the Post Office Savings Bank. ...

— The Best British Short Stories of 1922 • Various

... business has one hundred thousand dollars invested in it, the man who made the investment is entitled to charge an interest payment on the money, because, if instead of putting that money into the business he had put it into a savings bank or into certain securities, he could have a certain fixed return. Therefore they say that a proper charge against the operating expenses of a business is the interest on this money. This idea is at the root of many business ...

— My Life and Work • Henry Ford

... called in quarterly for audit. At the end of each financial year, in May, interest at the rate of four per cent. is added to the amount standing to the credit of each depositor, and the whole amount paid over to the Post Office Savings Bank. At this time also, Post Office officials attend at the works, and enter the amounts to the credit of each depositor, issuing new Post Office Savings books where necessary. This system secures absolute privacy for the permanent ...

— The Food of the Gods - A Popular Account of Cocoa • Brandon Head

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