nest egg

noun

Definition of nest egg 

1 : a natural or artificial egg left in a nest especially to induce a hen to continue to lay there

2 : a fund of money accumulated as a reserve

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Synonyms for nest egg

Synonyms

account, budget, deposit, fund, kitty, pool

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Examples of nest egg in a Sentence

They built up a nest egg for their son's college education. paid for the computer out of his nest egg

Recent Examples on the Web

On Tuesday, Abbott, the pharmaceutical and medical products company, announced a new benefit to help its employees pay off their student debt while still building their retirement nest eggs. Ann Carrns, New York Times, "To Draw Workers, Employers Offer to Help With Student Loans," 26 June 2018 Income - along with building a nest egg for your family - motivates many. Melissa Rolland, courant.com, "Real Estate Investing: Beyond HGTV," 12 June 2018 The permanent fund is a nest egg, seeded with oil money, which has grown through investments. Becky Bohrer, The Seattle Times, "Alaska Legislature passes budgets, ends extended session," 13 May 2018 The sale would be his chance to cash in his Mobil stock and leave with a seven‐figure nest egg. Josh Noel, chicagotribune.com, "How Goose Island sale to Anheuser-Busch changed craft beer; new book by Tribune beer writer Josh Noel," 9 May 2018 Plus, conventional thinking says even the oldest savers should have a slice of their nest eggs in stocks. Washington Post, "What’s in your 401(k)? For more investors, just 1 fund," 5 June 2018 When CITs are added to retirement plans, plan participants have new ways to expand their nest eggs. Bailey Mccann, WSJ, "CITs, the Not-Exactly Mutual Funds, Are on Pace to Hit $3 Trillion," 3 June 2018 In addition, your contributions may be matched by your employer, making your nest egg that much bigger. Tom Cooney And Crystal Faulkner, Cincinnati.com, "College graduates: Tips for securing your financial future," 8 May 2018 An estimated one-third of adults 55 and over have less than $10,000 in a nest egg, according to GOBankingRates, and only 23% have saved $300,000 or more. Maurie Backman, USA TODAY, "Boomers may be behind on savings, but they're doing well at avoiding credit card debt," 30 Apr. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'nest egg.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of nest egg

14th century, in the meaning defined at sense 1

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Dictionary Entries near nest egg

nestable

nestage

nest box

nest egg

nester

nest fungus

nestle

Statistics for nest egg

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Time Traveler for nest egg

The first known use of nest egg was in the 14th century

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More Definitions for nest egg

nest egg

noun

Financial Definition of nest egg

What It Is

A nest egg is a slang term describing money saved for the future.

How It Works

For example, let's say that John Doe works at Company XYZ. He saves $300 a week for 40 years. At the end of the 40 years, he has $700,000 in his account (including capital gains). This $700,000 is John's nest egg, and he plans to use it to fund his retirement.

Why It Matters

Creating, protecting and growing one's nest egg is one of the fundamental purposes of investing.

Source: Investing Answers

nest egg

noun

English Language Learners Definition of nest egg

: an amount of money that is saved over a usually long period of time to pay for something in the future

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