Savings (Noun)
Meaning
A fund of money put by as a reserve.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The family used their savings to pay for the down payment on their new home.
- She accumulated a substantial savings over the years by being frugal and investing wisely.
- Having a substantial savings gave them peace of mind in case of financial emergencies.
- Their savings decreased significantly after their trip around the world.
- The company encouraged employees to contribute to a retirement savings plan to supplement their pension.