Christmas 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 only involve fairly small amounts of money.

Meanings

nounChristmas club (plural Christmas clubs)

plural Christmas clubs

  1. bankingA 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 only involve fairly small amounts of money.

Origin

Cite this entry
APA

Christmas club. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/Christmas%20club

MLA

“Christmas club.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Christmas%20club. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “Christmas club,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/Christmas%20club.

Source: Christmas club on Wiktionary, CC BY-SA 4.0.