Definition, Meaning & Synonyms
saving
noun
/ˈseɪ.vɪŋ/
Definition
The act of keeping money instead of spending it.
Examples
- She has a savings account where she deposits her monthly salary.
- His savings allowed him to buy a new car.
- They recommend saving at least 10% of your income each month.
Meaning
Saving refers to the process of setting aside a portion of your income for future use, enabling individuals to build financial security and prepare for unforeseen expenses.
Synonyms
- fund
- reserve
- nest egg
- stash
