One of the mysteries of the English language finally explained.
(in the UK) a method of saving money that carries certain tax privileges.as modifier ‘SAYE accounts’
- ‘When we launched our save-as-you-earn scheme two years ago, people were aware of these schemes.’
- ‘At the moment I put aside £250 into a save-as-you-earn scheme.’
- ‘Some employees have share options in their company and save-as-you-earn schemes that enable them to buy shares in their company at preferential rates - resulting in dependence on one company's shares when it comes to saving.’
- ‘Then, $1,000 per month gets transferred to a save-as-you-earn account, which I can't touch for 2 years.’
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