Savings bank

bank which allows customers to open savings accounts

A savings bank is a financial institution whose primary purpose is accepting savings deposits. It may also perform some other functions.In Europe, savings banks originated in the 19th or sometimes even the 18th century. Their original objective was to provide easily accessible savings products to all strata of the population. In some countries, savings banks were created on public initiative, while in others, socially committed individuals created foundations to put in place the necessary infrastructure.
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Noun
1. a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
(hypernym) thrift institution
(hyponym) mutual savings bank, MSB
2. a container (usually with a slot in the top) for keeping money at home; "the coin bank was empty"
(synonym) coin bank, money box, bank
(hypernym) container
(hyponym) piggy bank, penny bank

An institution existing primarily to accept consumer savings deposits and to make home mortgage loans.

savings bank
danh từ ngân hàng tiết kiệm; qũy tiết kiệm
(C) 2007 www.TừĐiểnTiếngViệt.net

savings-bank /'seiviɳzbæɳk/
danh từ ngân hàng tiết kiệm; quỹ tiết kiệm
(C) 2007 www.TừĐiểnTiếngViệt.net