sock away

verb

socked away; socking away; socks away

transitive verb

: to put away (money) as savings or investment

Examples of sock away in a Sentence

Recent Examples on the Web The rule of thumb for people who are 55 and have another decade of work before reaching the traditional retirement age is to have already socked away about eight times their salary in their retirement accounts. Aimee Picchi, CBS News, 25 June 2024 Lower-earning households also are more likely to spend, rather than sock away, their tax savings, more efficiently goosing the economy. Paul Davidson, USA TODAY, 20 June 2024 For instance, baby boomers with bachelor's degrees have median retirement savings of almost $600,000, but those with only a high school diploma have only about $75,000 socked away, a recent study found. Aimee Picchi, CBS News, 9 May 2024 In an ideal world, renters would sock away that extra money as emergency savings. Aldo Svaldi, The Denver Post, 5 May 2024 See all Example Sentences for sock away 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'sock away.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

from the practice of concealing savings in the toe of a sock

First Known Use

circa 1942, in the meaning defined above

Time Traveler
The first known use of sock away was circa 1942

Dictionary Entries Near sock away

Cite this Entry

“Sock away.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sock%20away. Accessed 27 Jul. 2024.

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