| 单词 | savings account |
| 释义 | savings account A bank or building-society account designed for the investment of personal savings. There are a wide variety available, offering different terms and conditions and interest rates. The rates tend to be higher than old-fashioned deposit accounts and interest-bearing current accounts. Some accounts offer instant access to funds, while others require that notice be given, typically 30, 60, or 90 days. In general terms, interest rates vary according to the sum invested and the length of the notice period. |
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