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Accounting > Savings Accounts


Savings Accounts
Savings Accounts
Savings Accounts
Savings Accounts
Savings Accounts

The following information is about Savings Accounts.

Savings Accounts Defined

are client accounts maintained by bankssavings & loan associationscredit unionsand mutual savings banks that pay interest but can not be used directly as money. These accounts let customers set aside a portion of their liquid assets that could be used to make purchases. But to make those purchasessavings account balances must be transferred to "transactions deposits" (or "checkable deposits") or currency. Howeverthis transference is easy enough that savings accounts are often termed near money. Savings accountsas such constitute a sizeable portion of the M2 monetary aggregate. With savings accounts you can make withdrawalsbut you do not have the flexibility of using checks to do so. As with an MMDAs (money market deposit account)the number of withdrawals or transfers you can make on the account each month is usually limited.

This definition is in context to Accounting. See more contextual defintions for Savings Accounts.


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Off-site Savings Accounts Links, User Submitted

The following links have been collected through user bookmark submission in the Savings Accounts category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Savings Accounts. If you would like to find related tags we recommend Tag Patterns > Savings Accounts

Off-site Savings Accounts Research Links

If you still need additional information on Savings Accounts then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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