sav·​ing | \ ˈsā-viŋ How to pronounce saving (audio) \

Definition of saving

 (Entry 1 of 3)

1 : preservation from danger or destruction : deliverance
2 : the act or an instance of economizing
3a savings plural : money put by
b : the excess of income over consumption expenditures often used in plural
c : a usually specified lower cost often used in plurala savings of 50 percent

Definition of saving (Entry 2 of 3)

2 : without disrespect to

Definition of saving (Entry 3 of 3)

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Examples of saving in a Sentence

Noun The new system will provide a saving in labor. How much money do you have in savings? She has her savings in stocks. They were able to retire on their savings. Preposition saving three members, the club is now fully committed to the fund-raising project Conjunction I would be ready, saving the fact that I can't find my missing shoe.
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Recent Examples on the Web: Noun While there's no best single day to buy everything on your holiday shopping list, experts agree big savings happen throughout the season from late October through Cyber Monday (the Monday after Thanksgiving). Courtney Jespersen,, "Millennial Money: Secrets of a Black Friday shopper," 6 Nov. 2019 Wing it! Applebee’s Grill & Bar is offering some saucy savings. Laura Daily And Bryan K. Chavez, The Know, "Free ice skating, a ski and snowboard swap and other free and cheap events this month in Denver," 5 Nov. 2019 Depending on what proposals the group receives from solar companies, the new battery storage program could have cost savings too, Ross said. Mallory Moench,, "PG&E outages prompt clean energy programs to focus on solar, batteries," 5 Nov. 2019 The two-year project, financed with an energy savings performance contract through the Cuyahoga County Department of Sustainability, also saved the Cleveland Heights Community Center from further deterioration. Thomas Jewell, cleveland, "Cleveland Heights’ energy future looks greener, more efficient with $6M upgrade," 4 Nov. 2019 Numerous other states have also experienced savings through the program, as well. NBC News, "Residents suffer as Mississippi and 13 other states debate Medicaid expansion," 4 Nov. 2019 Enjoy the final few evenings of daylight saving time for the year. Scott Dance,, "When do the clocks change back? Three things to know about the end of daylight saving time," 1 Nov. 2019 Likewise, Florida does not require inheritance tax, unlike New York, which imposes a tax rate as high as 16% for estates over $10.1 million, which could impart potential savings for Trump's heirs down the line. Lauren Hubbard, Town & Country, "Donald Trump Has Changed His Residency From New York to Florida," 1 Nov. 2019 Last year, Nordstrom delivered serious savings on everything from leggings and comfortable shoes to beauty products and accessories for Black Friday and Cyber Monday. Christie Calucchia,, "These Are the Best Nordstrom Black Friday Deals You Can Shop Right Now," 31 Oct. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'saving.' 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 saving


14th century, in the meaning defined at sense 1


14th century, in the meaning defined at sense 1


1535, in the meaning defined above

History and Etymology for saving


Middle English, from gerund of saven to save


Middle English, from present participle of saven

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Learn More about saving

Statistics for saving

Last Updated

11 Nov 2019

Time Traveler for saving

The first known use of saving was in the 14th century

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More Definitions for saving



Financial Definition of saving

What It Is

In economics, savings is the amount that is left after spending. In banking, savings refers to savings accounts, which are short-term, interest-bearing deposits with a bank or other financial institution.

How It Works

There are only two things to do with money: Save it or spend it. For example, let's say John Doe's paycheck is $1,600 every two weeks, or $3,200 a month. His expenses are the following:

Rent: $1,300
Car payment: $450
Student loan payment: $450
Credit card payment: $300
Groceries: $250
Utilities: $75
Cell phone: $75
Gas: $100
Total expenses: $3,000

Because John spends $3,000 of his $3,200 income per month, he saves $200.

If John's expenses are higher than his income, he is not saving; he is living paycheck-to-paycheck. If he gets fired, has an emergency or his company closes in two weeks, he would have little backup.

In banking terms, savings accounts are time deposits, meaning that a bank can require the account holder to give notice before withdrawing the funds or impose a penalty for withdrawal before a specified date. The interest rates on savings accounts vary by institution but are generally lower than interest rates on longer-term deposits, such as CDs or even money market accounts. Interest is usually compounded monthly.

Why It Matters

It is dangerous not to save money. Not only is it financially risky, it creates unnecessary stress. To enable savings, John must reduce his expenses so that they are less than his income, and he should make regular, disciplined deposits into a savings and/or investment vehicle.

Ironically, when a country saves so much money that it hardly spends anything, its economy can suffer. This is called the paradox of thrift, which is an economic theory developed by John Maynard Keynes that states that the more people save, the less they spend and thus the less they stimulate the economy.

It is important to note that the interest rate paid on a savings account may be below the inflation rate, meaning that the account actually might lose purchasing power over time despite the interest earned.

Source: Investing Answers


How to pronounce saving (audio)

English Language Learners Definition of saving

: an amount of something that is not spent or used
: the amount of money that you have saved especially in a bank over a period of time


sav·​ing | \ ˈsā-viŋ\

Kids Definition of saving

1 : something that is not spent, wasted, or lost a saving in electricity
2 savings plural : money put aside (as in a bank)

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Comments on saving

What made you want to look up saving? Please tell us where you read or heard it (including the quote, if possible).


not being in agreement or harmony

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