Christmas clubn.A savings account, as in a bank, requiring periodic deposits to ensure money for shopping at Christmas.
[TahlilGaran] American Dictionary ▲
christmas club n. A plan for putting money in the bank to be saved for Christmas shopping.
John deposits $10 each week in the Christmas club. The woman will get her Christmas club money on December 10. [TahlilGaran] English Idioms Dictionary ▲