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savings account vs deposit account

deposit account vs savings account

savings account and deposit account both are nouns.

Word NounAdjectiveVerbAdverb
savings account Yes No No No
deposit account Yes No No No
As nouns, deposit account is a hyponym of savings account; that is, deposit account is a word with a more specific, narrower meaning than savings account:
  • savings account: a bank account that accumulates interest
  • deposit account: a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
Other hyponyms of savings account include time deposit account, dormant account, passbook savings account.
savings account (noun) deposit account (noun)
a bank account that accumulates interest a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
Difference between savings account and deposit account

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