Meaning & Definition of word "Saving"

Saving

/ˈseɪ.vɪŋ/

noun:

  • 1. The act of setting aside money or resources for future use.
    • Example: She made a saving of $200 each month to build her emergency fund.
  • 2. An amount of money that has been saved.
    • Example: His savings allowed him to buy a new car without going into debt.
  • 3. The reduction in cost or expenditure.
    • Example: The new policy resulted in a saving of thousands of dollars for the company.

verb:

  • 1. To rescue from danger or harm.
    • Example: The fireman was credited with saving the family from the burning building.
  • 2. To set aside money or resources for future use.
    • Example: She is saving for a trip to Europe next summer.

adjective:

  • 1. Related to or capable of saving.
    • Example: He made a saving investment that promised good returns.

Etymology

from the verb 'save' + the suffix '-ing'

Common Phrases and Expressions

savings account:

a bank account that earns interest, used for storing money.

savings grace:

a beneficial quality that can help to offset a negative situation.

saving face:

to avoid humiliation or maintain one's dignity.

Related Words

save:

to keep safe or rescue from harm.

saver:

a person who saves money or resources.

economy:

the management of resources or the financial system of a country.

thrift:

careful management of resources to avoid waste.

Slang Meanings of saving

Meaning: stacking cash

Example Sentence: I'm stacking cash for my new car.

Meaning: putting away

Example Sentence: I'm putting away some funds each month.