savings
/ˈseɪvɪŋz/ · sav·ings
noun
- A reduction in cost or expenditure. The shift of the supplier gave us a saving of 10 percent.
- Something (usually money) that is saved, particularly money that has been set aside for the future. I invested all my savings in gold.
- The action of the verb to save. Saving for retirement is a long-term goal.
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Did you know? The term 'savings' has been used in the context of finance since the 15th century, when it referred to the accumulation of wealth through prudent management of one's resources.