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Definition of saving noun from the Oxford Advanced Learner's Dictionary

saving

noun
 
/ˈseɪvɪŋ/
 
/ˈseɪvɪŋ/
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  1. [countable] an amount of something such as time or money that you do not need to use or spend
    • saving of something Buy three and make a saving of 55p.
    • saving on something With the new boiler you can make big savings on fuel bills.
    • The company reported cost savings of about $ 29 million during the second quarter.
    • The new building enjoys energy savings of 25 percent annually.
    • The service has delivered significant cost savings.
    Extra Examples
    • For a family of four this can mean a saving of around $500.
    • The potential savings are enormous.
    • This design offers considerable savings in fuel efficiency.
    • This represents a saving to British business of about £175 million a year.
    • This was done, with a saving of 40% in staff costs.
    • We need to find savings of around €30 million.
    • We need to see where financial savings can be made.
    • We will pass on this saving to our customers.
    Topics Shoppingb2
    Oxford Collocations Dictionaryadjective
    • big
    • considerable
    • great
    verb + saving
    • find
    • identify
    • mean
    saving + verb
    • come from something
    • result from something
    preposition
    • saving for
    • saving from
    • saving in
    See full entry
  2. savings
    [plural] money that you have saved, especially in a bank, etc.
    • He put all his savings into buying a boat.
    • She spent her entire life savings (= all the money she had saved throughout her life) to furnish and equip the house.
    • Tan financed the film himself from his personal savings.
    • He's living off his retirement savings.
    • Savings rates are at historic lows.
    Collocations FinanceFinanceIncome
    • earn money/​cash/(informal) a fortune/​the minimum wage/​a living wage
    • make money/​a fortune/(informal) a killing on the stock market
    • acquire/​inherit/​amass wealth/​a fortune
    • build up funds/​savings
    • get/​receive/​leave (somebody) an inheritance/​a legacy
    • live on a low wage/​a fixed income/​a pension
    • get/​receive/​draw/​collect a pension
    • depend/​be dependent on (British English) benefits/(North American English) welfare/​social security
    Expenditure
    • spend money/​your savings/(informal) a fortune on…
    • invest/​put your savings in…
    • throw away/​waste/ (informal) shell out money on…
    • lose your money/​inheritance/​pension
    • use up/ (informal) wipe out all your savings
    • pay (in) cash
    • use/​pay by a credit/​debit/​contactless card
    • pay by/​make out a/​write somebody a/​accept a (British English) cheque/(US English) check
    • change/​exchange money/​currency
    • give/​pay/​leave (somebody) a deposit
    Banks
    • have/​hold/​open/​close/​freeze a bank account/​an account
    • credit/​debit/​pay something into/​take money out of your account
    • deposit money/​funds in your account
    • withdraw money/​cash/£30 from an ATM, etc.
    • (formal) make a deposit/​withdrawal
    • find/​go to/​use (especially North American English) an ATM/(British English) a cash machine/​dispenser
    • be in credit/​in debit/​in the black/​in the red/​overdrawn
    • use a mobile/​an online banking app/​platform/​service
    Personal finance
    • manage/​handle/​plan/​run/ (especially British English) sort out your finances
    • plan/​manage/​work out/​stick to a budget
    • offer/​extend credit (to somebody)
    • arrange/​take out a loan/​an overdraft
    • pay back/​repay money/​a loan/​a debt
    • pay for something in (especially British English) instalments/(North American English usually) installments
    Financial difficulties
    • get into debt/​financial difficulties
    • be short of/ (informal) be strapped for cash
    • run out of/​owe money
    • face/​get/ (informal) be landed with a bill for £…
    • can’t afford the cost of…/payments/​rent
    • fall behind with/ (especially North American English) fall behind on the mortgage/​repayments/​rent
    • incur/​run up/​accumulate debts
    • tackle/​reduce/​settle your debts
    Extra Examples
    • I don't have any savings.
    • I was determined to build up some savings.
    • My grandfather refused to put his savings in the bank.
    • She lost her job and had to live on her savings.
    • The card gives you instant access to your savings.
    • The couple lost their entire life savings on the venture.
    • The war had wiped out the family savings.
    • You get higher interest if you agree to tie up your savings for a long period.
    Topics Moneyb2
    Oxford Collocations Dictionaryadjective
    • life
    • pension
    • retirement
    verb + savings
    • have
    • invest
    • put
    savings + verb
    • grow
    savings + noun
    • account
    • bank
    • bond
    phrases
    • access to your savings
    See full entry
  3. -saving
    (in adjectives) that prevents the waste of the thing mentioned or stops it from being necessary
    • labour-saving devices
    • space-saving fitted furniture
    see also daylight saving time, energy-saving, face-saving, life-saving, money-saving, time-saving
  4. Word OriginMiddle English: from the verb save.
See saving in the Oxford Advanced American DictionarySee saving in the Oxford Learner's Dictionary of Academic English
sufficiently
adverb
 
 
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