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单词 savings certificate
释义

savings certificate in American English

noun
a certificate of deposit for a specific sum of money in a savings account, esp. a deposit for a fixed term at a specified interest rate
Word origin
[1915–20]

Examples of 'savings certificate' in a sentence
savings certificate

The two-year fixed-interest savings certificate now pays 2.9%, up 0.3 percentage points.Savings certificates would earn 190 tax-free over five years on an investment of 10,000.However, hopes of a new issue of the savings certificates were dashed yesterday.There is a reduction in the interest on maturing index-linked savings certificates.The withdrawal of indexlinked savings certificates is another part of the picture.Last summer, 15,000 savers who cashed in their index-linked savings certificates before maturity were underpaid interest.The penalties will also apply to any new issues of indexlinked or fixed savings certificates, which aren'tcurrently on offer.
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更新时间:2025/1/9 18:10:01