forced saving

noun

Definition of forced saving

1 : involuntary saving by an individual resulting from restrictions imposed upon expenditures, deferred income, insurance, or other circumstances
2 : involuntary transfer of purchasing power from consumers to investors by means of a money and credit expansion accompanied by a decrease in the value of money

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Cite this Entry

“Forced saving.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/forced%20saving. Accessed 24 Jan. 2021.

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