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. Vinay Bhaskara:

    The Boeing 737 MAX and Airbus A320neo technologies offer cash savings in operating cost per seat miles of up to 8% (about $3 savings per gallon) against its preceding technology, with current fuel prices, airlines are looking at pricing and capital deployment rather than fuel-saving capabilities.

  2. Alan Hammer:

    For the smaller landlord who owns a building and has their life savings in it, the loss of rent is a much bigger problem, the problem is also bigger if you have lower income tenants, people who work in hospitality, restaurants, service.

  3. Kermit Warren:

    I'm relieved that I will finally get my hard-earned savings back after a year of suffering, but what happened to me was wrong. The officers and prosecutors treated me like a criminal when all I was trying to do was improve my business and my life. For a year, they've left me struggling to survive a pandemic and a hurricane without my savings. I did nothing wrong, but until the law is changed so that everyone is protected, I am not going to have cash in my house anymore.

  4. Lynn Jenkins:

    We fundamentally disagree with the direction of the president's policy proposal, and instead we want to make 529 college savings plans more consumer-friendly and reflective of the realities faced by students today.

  5. Aaron Cheris:

    The pandemic has impacted nearly every inch of the retail industry, however, heading into this holiday season, we also see important tailwinds for nominal retail growth, including boosts from inflation, rebounding employment, healthy savings rates and wage growth.

Popularity rank by frequency of use

savings#1#2428#10000

Translations for savings

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"savings." Definitions.net. STANDS4 LLC, 2024. Web. 21 Jun 2024. <https://www.definitions.net/definition/savings>.

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