Saving is the portion of income which is not spent on consumption. Saving can be undertaken by individuals and households, by businesses, or by governments.
Webster Dictionary Meaning
- Avoiding unnecessary expense or waste; frugal; not lavish or wasteful; economical; as, a saving cook.
- Bringing back in returns or in receipts the sum expended; incurring no loss, though not gainful; as, a saving bargain; the ship has made a saving voyage.
- Making reservation or exception; as, a saving clause.
- Exception; reservation.
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