401(k)
noun
in the US, a special account in which people can save some of the money they earn for their retirement without paying taxes on it
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Types of bank account
account
noun
an arrangement in which a bank looks after your money. You can deposit (=put in) or withdraw (=take out) money when you need to
bank account
noun
an arrangement with a bank that allows you to keep your money there and to pay money in and take money out
budget account
noun
an account with a bank, shop, or other organization that allows you to pay for something with regular small payments
current account
noun
a bank account that you can take money out of whenever you want using a cheque or a cash card. The American word is checking account.
merchant account
noun
a bank account used by someone who sells a product or service for taking money from customers who pay by credit card
vocal fry
a speech habit in which a speaker lowers their voice at the end of a sentence
BuzzWord ArticleWord of the Day
dray
a type of cart pulled by a horse and used in the past for carrying barrels of beer
Open Dictionary
conflict mineral
a mineral which is mined in a place where there is armed conflict, and sold to help pay for weapons
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