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. Hans Kristensen:

    On those two levels, they can achieve some real weight savings.

  2. Ed Markey:

    Will you commit to insuring that these families, these innocent families do no lose their life savings in their homes and small businesses? The right thing to do is to say, ‘Yes we will.’.

  3. John Hourican:

    And while it was portrayed as an attack on Russian money, really it was an attack on Cyprus because the real Russian money destroyed was modest, the savings and investment funds destroyed were enormous.

  4. Andrzej Klesyk:

    The more banks we buy, the higher the savings and the higher the returns for our shareholders, my dream would be to buy two more banks apart from Alior.

  5. Rob Jackson:

    I wouldn't be shocked to see a 5% or more drop in carbon dioxide emissions this year, something not seen since the end of World War Two, neither the fall of the Soviet Union nor the various oil or savings and loan crises of the past 50 years are likely to have affected emissions the way this crisis is.

Popularity rank by frequency of use

savings#1#2428#10000

Translations for savings

From our Multilingual Translation Dictionary

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"savings." Definitions.net. STANDS4 LLC, 2024. Web. 20 May 2024. <https://www.definitions.net/definition/savings>.

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