HomeServicesBlogDictionariesContactSpanish Course
← Back to search

Meaning of TFSA | Babel Free

Noun CEFR B1

Definitions

Initialism of tax-free savings account.

Canada, abbreviation, alt-of, initialism

Equivalents

Bosanski celi celi
Français CÉLI
Hrvatski celi celi
Kurdî çelî çêlî
Српски celi celi

Examples

“If your teenager is turning 18 this year, give them the best gift ever: a tax-free savings account. Go online and guide them through the process of opening a TFSA. Then, get them started by giving them their first contribution. For teenagers, the benefit of having a TFSA isn't so much about the tax savings — it's much more about exposure to financial products and developing a savings and investing habit.”

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
See all B1 English words →

See also

Learn this word in context

See TFSA used in real conversations inside our free language course.

Start Free Course

Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free