1saving noun
plural savings 1 [count] : an amount of something that is not spent or used
▪ The new system will provide a saving in labor. ▪ a saving on fuel — often plural ▪ a savings of 50 percent ▪ The investment offers tax savings. ▪ The savings at the end of the first year will be considerable. 2 savings [plural] : the amount of money that you have saved especially in a bank over a period of time
▪ How much money do you have in savings? ▪ She has her savings in stocks. ▪ They were able to retire on their savings. ▪ His parents lost their life savings [=all the money they had] when the stock market crashed.
▪ The new system will provide a saving in labor. ▪ a saving on fuel — often plural ▪ a savings of 50 percent ▪ The investment offers tax savings. ▪ The savings at the end of the first year will be considerable.
▪ How much money do you have in savings? ▪ She has her savings in stocks. ▪ They were able to retire on their savings. ▪ His parents lost their life savings [=all the money they had] when the stock market crashed.
