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LSDefine

Simple English definitions for legal terms

savings account

Read a random definition: liberatio nominis

A quick definition of savings account:

A savings account is a type of bank account where you can put your money and earn interest. You can usually take your money out whenever you want, but some accounts may have rules about how much notice you need to give before withdrawing your money. It's a good way to save money for things you want to buy in the future.

A more thorough explanation:

A savings account is a type of bank account that allows you to save money and earn interest on your savings. It is a deposit account where you can keep your money safe and withdraw it when you need it.

For example, if you have $100 and you deposit it into a savings account that pays 2% interest per year, you will earn $2 in interest after one year. This means that your savings account balance will be $102 after one year.

Savings accounts usually have some conditions, such as a minimum balance requirement or a limit on the number of withdrawals you can make each month. Some savings accounts also require advance notice before you can withdraw your money.

Overall, a savings account is a great way to save money and earn interest on your savings. It is a safe and secure way to keep your money and watch it grow over time.

saving clause | savings-and-loan association

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12:47
Oh yea back it up and try to back peddle like an NFL corner back who just got burned and ankle broken by a walk-on rookie wide receiver in the 4th quarter...
Mostlylegal
12:47
@noreaster: apology accepted, however I must also accept your nuanced understanding in taking dick, a most noted achievement
Mostlylegal
12:47
@llama: NO FLY ZONE RAAAAAH
"there's more to a power bottom than that" is crazy
bros about to write poetry on this
12:48
@noreaster: "Mean girls finish FIRST. " If nice gurl, game ova
where is the first power bottom president of the united states
noreaster
12:48
we’re all adults here. Some of us (me) have more sex than others (you)
12:48
more << better
Mostlylegal
12:48
congrats on the sex! Proud of you!
noreaster
12:48
thanks 😊
ive still never been kissed
12:48
also, am not married so, not my fault.
Mostlylegal
12:48
@windyMagician: i gotchu
noreaster
12:49
u guys ever seen that lonely island song
i want it to be special :/
noreaster
12:49
You can do better
noreaster
12:49
He’s not even in the military
Mostlylegal
12:49
went to a nondenominational church cuz i was invited and the pastor gave a speech about how the best sex he ever had wasnt with his wife, just thought yall should know
12:49
you can always do better, fact
Mostlylegal
12:49
im a soldier of gods kingdom
average nondenom service
if hes not serving the country i don't want him
noreaster
12:50
Mostly legal post face in the chat so we can rate you
Mostlylegal
12:50
0.0 this is me guys
12:50
yeah post it i bet ur a 10
my face card never declines
12:50
ur brain is a 10/10 fosho
noreaster
12:50
every rapper has a bar like she got good brain that bitch ain’t even go to college
she giving me brain like she just turned 25 and her prefrontal cortex has reached full development
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