Definition of saving in English:

saving

noun

  • 1An economy of or reduction in money, time, or another resource.

    ‘this resulted in a considerable saving in development costs’
    • ‘An economy of scope is, in effect, a cost saving triggered by producing one output in the presence of another.’
    • ‘According to this hypothesis, the profit was to be found in the saving in transport and tariffs.’
    • ‘Companies looking to save money by offshoring would make bigger savings by looking at the processes behind their software development.’
    • ‘He will save them money on antihistamine prescriptions but not return a penny of savings to consumers.’
    • ‘As cost savings and debt reduction freed up cash, he took daring steps to rejuvenate the brand.’
    • ‘It will also result in a saving in the expense of imprisonment.’
    • ‘The company's internal records did not appear to disclose any staff reductions or cost savings in personnel.’
    • ‘The company said any money raised should enable savings of at least $2.7m.’
    • ‘These benefits can be counted alongside the time savings and accident reductions forecast.’
    • ‘The reduction for two is based on the saving in postage costs.’
    • ‘According to Simon, his company can offer businesses savings of time and money.’
    • ‘Some of the substantial cost savings associated with this reduction may be lost if too extensive hand pruning follows.’
    • ‘When materials are recycled the savings in resources and energy are marginal compared to using raw materials.’
    • ‘It is real savings and not money that fund and make possible the production of better tools and machinery.’
    • ‘The correct decision can lead to significant energy savings and waste reduction.’
    • ‘For example, if an engineer constructed a project overall within budget and made a saving in nine out of ten items within the bill, he received no bonus or award.’
    • ‘Economists say it's not clear whether the health-care savings would be greater than that.’
    • ‘All this means that eliminating tuition is a real financial possibility, given the saving in administration and financial assistance that would result.’
    • ‘Over the life cycle of the home, or even in the first few years of ownership, you can get all of this money back in lower energy savings.’
    • ‘Economizing on propane at harvest is no saving when grain spoilage results in quality loss in storage.’
    reduction, cut, decrease, economy
    economizing, economy, frugality, thrift, thriftiness, retrenchment, cutting back, belt-tightening, penny-pinching
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  • 2The money one has saved, especially through a bank or official scheme.

    ‘the agents were cheating them out of their life savings’
    • ‘Folks got more and more greedy, throwing their life savings and retirement money into the market.’
    • ‘There used to be a rule that you could not get any extra money if your savings were more than £16,000.’
    • ‘With interest rates as low as they are, we're having a hard time trying to make any money on our savings at present.’
    • ‘Where else can you spend money, boost your savings, and help fund the national debt all at the same time?’
    • ‘In the meantime she faithfully sets aside money for savings and investments.’
    • ‘Previously, if investors wanted to reinvest the bulk of their savings, they were compelled to put the money into an annuity.’
    • ‘So long as you're getting a fair return on your savings I would leave your money where it is.’
    • ‘She can have a certain amount of money in savings before she would be disqualified from claiming benefit.’
    • ‘He put whatever money he had in savings, so that they'd have something to pay for his son's education with.’
    • ‘What is the point of saving money if those savings are not invested more wisely?’
    • ‘Many watched helplessly as their life savings were flushed down the drain.’
    • ‘Look at me: educated, working, with my own money and savings, living in a country overflowing with chances.’
    • ‘So organise your savings and make your money work as hard as possible then sit back and watch it grow!’
    • ‘Many people had put their life savings in their homes and in their businesses.’
    • ‘I have no income or savings - I borrowed money each month to pay rent and keep my loans in good standing.’
    • ‘Fixed-term bonds generally offer a higher return than savings because you have to part with your money for longer.’
    • ‘Since I'm basically carrying my life savings around with me, it can be a bit scary.’
    • ‘She san use the additional income to prepay her car note, as well as contribute more money toward her savings.’
    • ‘Pension holders risk losing their life savings if their employer goes bust, the pensions advisory service has warned.’
    • ‘Some who have followed this route have lost not only their redundancy money but their life savings.’
    nest egg, money put by for a rainy day, life savings
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  • 3Law
    A reservation; an exception.

    • ‘Special savings apply to protect chemists and dentists from this prohibition.’
    • ‘None of these savings is relevant to Miss Robinson's case.’

adjective

  • [in combination] Preventing waste of a particular resource.

    ‘a fuel-saving vehicle’

preposition

  • 1With the exception of; except.

    except for, with the exception of, excepting, if there are no, if there is no, bar, discounting, short of, apart from, but for, other than, aside from, excluding, omitting, leaving out, save for, saving
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  • 2archaic With due respect to.

Usage

Use savings in the modifying position (savings bank, savings bond) and when referring to money saved in a bank: your savings are fully insured. When speaking of an act of saving, as when one obtains a discount on a purchase, the preferred form is saving: with this coupon you will receive a saving of $3 (not a savings of $3)

Origin

Middle English: from save; the preposition probably from save, on the pattern of touching.

Pronunciation:

saving

/ˈsāviNG/