B2nounmoney
US/ˈseɪ.vɪŋz/
UK/ˈseɪ.vɪŋz/
money that you have kept, often in a bank, instead of spending it
In context
She used all her savings to pay for a master's degree in Australia.
Many families keep their savings in gold rather than in a bank.
Without any savings, one hospital bill can push a family into debt.
Words that go with savings
noun + noun
- savings accountOpen a savings account and add a little every month.
- life savingsThe old couple lost their life savings in the scam.
- savings rateVietnam's household savings rate is high compared with Western countries.
verb + noun
- use your savingsDon't use your savings to buy the latest phone.
adjective + noun
- personal savingsHe started the business with his personal savings.
Common mistakes
Incorrect:
My saving is in the bank.Correct: My savings are in the bank.