christmas club
1Christmas club — The Christmas club is a savings program that was first offered by various banks during the Great Depression. The concept is that bank customers deposit a set amount of money each week into a special savings account, and receive the money back at… …
2Christmas Club — A short term savings account that usually pays out the full account balance to its account holders once each year, right before Christmas. Christmas club accounts pay depositors monthly interest on their account balances and often punish early… …
3Christmas club — {n.} A plan for putting money in the bank to be saved for Christmas shopping. * /John deposits $10 each week in the Christmas club./ * /The woman will get her Christmas club money on December 10./ …
4Christmas club — {n.} A plan for putting money in the bank to be saved for Christmas shopping. * /John deposits $10 each week in the Christmas club./ * /The woman will get her Christmas club money on December 10./ …
5Christmas\ club — noun A plan for putting money in the bank to be saved for Christmas shopping. John deposits $10 each week in the Christmas club. The woman will get her Christmas club money on December 10 …
6christmas club — noun Usage: usually capitalized 1st C : a savings account in which regular usually weekly deposits are made throughout the year to provide money for Christmas shopping in December * * * a savings account in a bank in which regular deposits are… …
7Christmas club — Christ′mas club n. bus a savings account in which a person deposits a fixed amount of money regularly, usu. for a year, the sum accumulated being paid out to the depositor for use at Christmas • Etymology: 1905–10 …
8Christmas club — noun A type of savings scheme in which a person pays in money through the course of a year and gets back a total at around Christmas time ready to buy gifts or treats for Christmas. Such schemes have been run by banks and retailers and generally… …
9Christmas club — noun Date: circa 1925 a savings account in which regular deposits are made year round to provide money for Christmas shopping …
10Christmas club — a savings account in a bank in which regular deposits are made, usually throughout one year, as to provide funds for Christmas shopping. [1905 10] * * * …
