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1A person who regularly saves money through a bank or recognized scheme:‘a cut in base rate usually means less income for savers’
penny-pincher, pinchpenny, niggard, cheese-parer, scroogeView synonyms
- ‘Stock markets have plummeted, sharply reducing investment returns both for savers and pension funds over the past two years.’
- ‘The government's scheme gives a free 25 per cent top-up to savers who leave their money in an account for five years.’
- ‘Frustrated with low returns, savers are taking money out of state banks and lending it themselves’
- ‘Banks lure in savers with headline-grabbing rates and then quietly cut rates once demand slackens off.’
- ‘Children are more likely to be good savers if they see that their parents save regularly and also find saving money to be worthwhile.’
- ‘These are hardly generous limits and could discourage low-income savers from bothering to save at all.’
- ‘Thankfully, we have been, and still are, regular savers.’
- ‘Okay, let's say you are an exceptional saver and are able to save 20% or your yearly income.’
- ‘Not surprisingly, financial advisers are encouraging savers to invest in equity-based products.’
- ‘More savers and money managers now believe that, in the long run, the return on stocks is higher and the riskiness of stocks is lower than bonds.’
- ‘And while the insurance company will take your funds and use them to purchase securities, such as government or corporate bonds, the saver is left with only an insurance policy.’
- ‘The pensions industry is well known for its insatiable appetite for savers ' money and its attempts to part us from it.’
- ‘Our grandparents' generation was full of savers who ferreted away money during the Great Depression and the war.’
- ‘Inflation reduced the debts of all borrowers, including the state, companies, and farmers, at the cost of creditors, savers, and banks.’
- ‘The function of financial intermediaries is to act as middlemen between savers and investors.’
- ‘Since the outset of the neo-liberal reform project, both the government and private sector have borrowed money from domestic savers as well as from international creditors.’
- ‘As you can see, local building societies pay the highest rates to regular savers.’
- ‘According to new research over 6 ½ million savers are losing out on £2.9 billion in interest.’
- ‘However, over the longer term, deposit accounts have often failed to protect savers ' money against inflation with the interest paid insufficient to offset the loss in the buying power of our money.’
- ‘I used a regular-saving account that pays the highest rates of interest to savers who save twelve consecutive monthly payments.’
2[in combination] An object, action, or process that prevents a particular resource from being used up or expended:‘an annual check-up can be a significant money-saver’
3A travel fare offering reductions on the standard price:‘a new saver from London to Edinburgh’
- ‘Ever since privatisation, the government has regulated certain railway fares - season tickets, cheap day returns and savers - limiting the increases allowed.’
informal A hedging bet.
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