90-Day Savings Account

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: 90-Day Savings Account

Definition: 90-Day Savings Account

90-Day Savings Account
Cite Term
Sources

Full Definition of 90-Day Savings Account

A savings account that guarantees the customer a fixed interest rate for 90 days. The main benefit of this type of savings account is the short maturity time and the possibility to earn more interest the more you save. At the end of the 90 day, customers have a choice of withdrawing the balance or transferring it into another similar account or another type of savings account.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/90-day-savings-account/
Modern Language Association (MLA):
90-Day Savings Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/90-day-savings-account/.
Chicago Manual of Style (CMS):
90-Day Savings Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/90-day-savings-account/ (accessed: April 20, 2024).
American Psychological Association (APA):
90-Day Savings Account. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/90-day-savings-account/

Definition Sources

Definitions for 90-Day Savings Account are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.