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Definition of savings

savings

/ˈseɪ.vɪŋz/
sav · ings

Plural:savings
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savings Lexical Profile

savings Game Scores & Validity

• noun

1

The money that a person has kept aside, especially in a bank or investment account, rather than spending it.

Example

"They used a large portion of their savings to make a down payment on a new house."


2

Reductions in the amount of money, time, or another resource that is spent or used.

Example

"Switching to energy-efficient appliances resulted in significant savings on their monthly utility bills."

Synonyms
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Antonyms
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Word Nuance & Usage

When referring to accumulated money kept in a bank or for future use, the plural form 'savings' is always used (e.g., 'life savings'), whereas 'saving' in the singular typically refers to a specific reduction in cost or time (e.g., 'a saving of twenty dollars').

• Rhymes for savings

Word Origin & Etymology

Derived from the verbal noun 'saving' (from the Middle English verb 'saven', via Old French 'sauver' and Late Latin 'salvare', meaning 'to make safe'), the plural form 'savings' emerged in the 18th century specifically to denote sums of money set aside over time.

Cite this Entry


Wordmom. (2026). Definition of Savings. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/savings
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