Definition and meaning of English word "savings"
savings
/ˈseɪvɪŋz/
How to use
In everyday conversation, savings often refer to the money set aside for long-term goals, such as retirement or a down payment on a house. However, in financial contexts, savings can also refer to the amount of money an individual or business has saved over a specific period. It's worth noting that the phrase 'savings account' is often used to refer to a type of bank account where money is deposited and earns interest.
🇬🇧 English
savings
Example
The shift of the supplier gave us a saving of 10 percent.
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Common phrases
- savings account— a type of bank account where money is deposited and earns interest
- savings rate— the rate at which an individual or business saves money
- savings plan— a plan for saving money over a specific period
This concept in other languages
Frequency rank: #1108 in English
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Frequently Asked Questions
What does the English word "savings" mean?▼
The English word "savings" means "savings" in English.
How do you pronounce the English word "savings"?▼
You can hear the correct audio pronunciation of the word "savings" by clicking the play button next to the word at the top of this page.
Can I see an example sentence with "savings"?▼
Yes, here is a practical example: "Let's discuss the word savings." (which translates as "savings").
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