Meaning of saving In English

• 0 the money that you keep in an account in a bank or similar financial organization:

  • He spent all his savings on an expensive car.

  • You can make huge savings (= save a lot of money) by buying food in bulk.

• 1 making it possible to use less of the stated thing:

  • a time-saving recipe

  • a money-saving offer

  • a labour-saving device

• 2 used to describe something that allows you to use less of a particular thing:

  • The card comes complete with two money-saving offers.

  • energy-saving features/materials/technologies

  • a time-saving device

• 3 an amount of something that you do not use or spend:

  • Their intention is to keep costs down and this saving can be passed on to customers.

  • a saving/savings on sth The company claims to be able to deliver savings on cars of as much as 50%.

  • make a saving/make savings Young drivers can make considerable savings on their car insurance by taking a few simple steps.

• 4 money that you keep, usually in a bank account, instead of spending it:

  • Savers should ask branches if they could make more money by moving their savings into newer accounts.

• 5 the activity of keeping money so that you can use it in the future:

  • We try to teach children the importance of regular saving.

  • The current voluntary system is unlikely to deliver a solution to the problem of inadequate pension saving.

• 6 a situation in which total income is greater than money spent:

  • domestic/household saving The resulting decline in economic growth should of course be blamed on the low rate of domestic saving and not on the falling dollar.

  • National saving would be unaffected by the reform.