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Synonyms for «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
Similar and related words and phrases are presented below.

«term»

tax temporary interest future monthly time total cost life annual investment long budget insurance short financial potential retirement sale rent price debt lifetime day care remaining specific bank significant health traditional salary capital installment special training student emergency college little credit big business fixed shopping regular public current past

«savings»

saver spending expenditures expenses discount payments benefits funds purchases rebates reduction money cash dollars premiums deposits repayments financing bonds protection coupons cuts habits loan opportunities rates amount profits vacation account safety yields mortgage policy plan relief rewards products income deal subsidies loss thousands goals returns coverage optimization travel improvements

Related phrases

Phrases with «term savings»

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)
  • (see all sentences)

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