savings rate
noun/ˈseɪvɪŋz reɪt/
/ˈseɪvɪŋz reɪt/
- the interest rate paid on a savings account
- The savings rate is averaging around 2%.
- a measure of the amount of income saved rather than spent or paid in taxes by a group of people, a country, etc.
- At that time, East Asian countries had one of the highest savings rates in the world—above 30 per cent on average.
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savings rate