savings

  

Definition

The portion of disposable income not spent on consumption of consumer goods but accumulated or invested directly in capital equipment or in paying off a home mortgage, or indirectly through purchase of securities.

Use savings in a sentence

  • Hallie usually deposited ten percent of her income into savings at the beginning of each month, and she planned to use these savings to travel in the summer.

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  • The savings and shares are raising program income from savings and shares is advocated within both the financial sustainability paradigm and poverty alleviation paradigms.

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  • The savings we were allowed to experience was an unprecedented level and indicated much success for the new team at the firm.

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