christmas club (B1)
noun phrase
Pronunciation: /ˈkrɪsməs klʌb/
Definition
A Christmas club is a type of savings plan or account that allows individuals to set aside a fixed amount of money each month for holiday expenses, such as gifts, decorations, and travel.
Examples
She joined a Christmas club at her bank to save up for holiday gifts.
The company offered a Christmas club program to help employees budget for holiday expenses.
How to Use christmas club
- join a Christmas club (phrase)
- to participate in a savings plan or account for holiday expenses — "She joined a Christmas club at her bank to save up for holiday gifts."
- put money into a Christmas club (phrase)
- to deposit funds into a savings plan or account for holiday expenses — "He put $50 into his Christmas club account each month to ensure he had enough money for holiday travel."
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