Phrases with «term savings»

"Term savings" refers to money that you put aside for a specific period of time, usually months or years, with the intention of not touching it until that time is up. It is a way to save money for future needs or goals, like buying a car or going on a vacation, with the benefit of earning interest on that saved money over time. Full definition

Sentences with «term savings»

He could open a TFSA for longer term savings goals such as retirement; but there is no need to open an RRSP at this point, she says. (business.financialpost.com)
A CD is also a great option when you are less worried about growing your funds faster and more focused on of longer term savings goals. (firstib.com)
For the money, a direct fee will generate more long - term savings for consumers, and greater carbon reductions for the environment. (cityroom.blogs.nytimes.com)
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Phrases with «term savings»

Sentences with «term savings»

See also