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A savings bank is a bank that is dedicated to savings accounts. They don't have all the freedoms of a checking account, but pay higher interest rates.
What else can I help you with?
By definition a bank that pays simple interest on a savings account will pay interest?
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What is the definition of saving bank?
A savings bank is a bank that is dedicated to savings accounts. They don't have all the freedoms of a checking account, but pay higher interest rates.
Why is it that saving is equal to investment?
Savings must equal investment because by definition loans (investment that the banks make are taken from savings (bank accounts) from people.
What is more liquid a savings bond or stock shares or certificates of deposit or cash?
By definition, cash is the most liquid.
Does government budget deficit reduce public or national savings?
Government deficit reduces public savings (=saving of the government). Yet, the government can decide to finance the deficit by private savings (bonds, credit, etc). In this case, a part of national savings can be used to finance the gov. budget deficit. But this is not by definition, it is the action of the govenment.
What is the definition of flagstar bank?
A Flagstar bank is usually a federally chartered stock savings bank. These banks are one of the leading morgage lenders nationwide.
What is the definition of a savingram?
A savingram is a financial tool or service that allows individuals to save money in a structured way, often by setting specific savings goals and timelines. It typically involves automated transfers to a savings account or investment vehicle, helping users build their savings over time. Savingrams can be offered by banks, credit unions, or financial apps, making it easier for users to manage their finances and achieve their savings objectives.
What is the Definition of check disbursement?
A check disbursement is a check written on a specific account to pay for something else. For example, a check written from your savings account to pay for your electric bill.
What is the definition of an orange account?
"Orange" is a trademark for banking products used by ING Direct. They use that trademark for Savings accounts, Children's accounts, mortgages and Home Equity Loans.
How do you calculate national savings?
private savings + public savings
What is tautological in economics context?
In economics, a statement is considered tautological if it is true by definition and does not provide any meaningful information or insight. For instance, saying "all savings are what people save" is tautological because it merely restates the definition of savings without offering any analytical value. Tautologies can hinder economic analysis by obscuring more nuanced discussions and leading to circular reasoning. While they might clarify concepts, they do not advance understanding or contribute to empirical evaluation.
How do you get in contact with your savings the Air force set you up with?
savings are cool. i have no savings
