What does savings mean?

Definitions for savings
sav·ings

This dictionary definitions page includes all the possible meanings, example usage and translations of the word savings.

Princeton's WordNet

  1. savings, nest eggnoun

    a fund of money put by as a reserve

Wiktionary

  1. savingsnoun

    That which has been saved, particularly money that has been set aside for the future.

    The collapse of Enron wiped out the life savings of many people, leaving them poor in their retirement.

  2. savingsnoun

    Plural form of saving.

Wikipedia

  1. savings

    Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word weal, which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as wealthy. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts).At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts. Defining wealth can be a normative process with various ethical implications, since often wealth maximization is seen as a goal or is thought to be a normative principle of its own. A community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy. The United Nations definition of inclusive wealth is a monetary measure which includes the sum of natural, human, and physical assets. Natural capital includes land, forests, energy resources, and minerals. Human capital is the population's education and skills. Physical (or "manufactured") capital includes such things as machinery, buildings, and infrastructure.

ChatGPT

  1. savings

    Savings refers to the portion of income not spent on current expenditures or immediate consumer needs. It is typically set aside for future use such as for investments, retirement, emergencies, or big-ticket purchases. It is usually stored in secure, low-risk platforms like savings accounts, cash deposits or conservative investment products.

Editors Contribution

  1. savings

    Money put in a form of bank account or form of financial account for a specific goal or purpose.

    They ensure they have savings in their bank account for use when required.


    Submitted by MaryC on March 18, 2020  

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'savings' in Spoken Corpus Frequency: #3440

  2. Written Corpus Frequency

    Rank popularity for the word 'savings' in Written Corpus Frequency: #2001

How to pronounce savings?

How to say savings in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of savings in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of savings in Pythagorean Numerology is: 1

Examples of savings in a Sentence

  1. Assistant Defense Secretary Derek Chollet:

    These ... adjustments do not diminish our ability to meet our commitments to allies and partners, in fact, these decisions will produce savings that will enable us to maintain a robust force presence in Europe.

  2. Holly Campell:

    These savings are often not shared with patients whose out-of-pocket costs continue to soar.

  3. Rose Niang:

    Most people can't spend at the same level in retirement as they did when they were working, lower your living costs now and use [ the savings ] to bolster your cash reserve going into retirement.

  4. Ramon Llamas:

    This time it's one smartphone cut in half, so there are some price savings to be had, samsung continues to see an opportunity to differentiate itself in an otherwise copycat market and still make some money off of it. It already has the innovation chops and the manufacturing capabilities to do this themselves, and it's practically a category that it can claim as its own until foldables gain greater salience. That's a strong position for Samsung.

  5. Joseph Palma:

    There was a struggle because I used all my savings to pay my bills and pay the rent, pay my food and everything.

Popularity rank by frequency of use

savings#1#2428#10000

Translations for savings

From our Multilingual Translation Dictionary

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Translation

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"savings." Definitions.net. STANDS4 LLC, 2024. Web. 27 Jul 2024. <https://www.definitions.net/definition/savings>.

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