Concept information
Preferred term
bank account model
Definition
- Nearly everyone is familiar in theory, if not in practice, with the function of financial savings accounts. Money that is not required for day-to-day existence or an occasional indulgence is deposited into a savings account for a rainy day. [Source: Encyclopedia of Human Relationships; Bank account Model]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/bank_account_model
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