Savings account

A bank account in which a personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). deposits money to be saved. The money in a savingsMoney saved. account usually earns interestThis is the amount that is imposed when payment is remitted after the due date.. You usually can't writeIn the insurance industry, this means to insure. It also means to underwrite or to sell insurance policies. checks on a savings account.