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.