What is another word for interest-bearing account?

Pronunciation: [ˈɪntɹəstbˈe͡əɹɪŋ ɐkˈa͡ʊnt] (IPA)

An interest-bearing account is a type of bank account that provides the account holder with a certain amount of interest on the money deposited. However, there are several other synonyms that mean the same thing. These include savings account, high-yield savings account, money market account, Certificate of Deposit (CD), and term deposit. Each of these accounts has slightly different features and benefits, but they all offer the account holder a way to earn interest on their savings while keeping their money safe and secure. Depending on one's financial needs and goals, there may be an interest-bearing account that is a better fit than another.

What are the hypernyms for Interest-bearing account?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: interest bearing account rates, interest bearing account definition, compound interest, minimum deposit interest bearing account, interest bearing account minimum deposit, jumbo interest bearing account, interest bearing checking account, interest bearing savings account, mutual fund with high interest bearing accounts

Related questions:

  • What is an interest-bearing account?
  • What is the best interest-bearing account?
  • Word of the Day

    Monosodium Salt Glycine
    Monosodium Salt Glycine is a common food additive that enhances flavors in processed foods. However, if you're searching for synonyms for this chemical compound, you might come acr...