saving

/'seiviɳ/
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saving

A family puts money into a piggy bank for future savings.

Definition

  1. Noun:

    • An act of economizing; reduction in cost: The act of preventing waste of money, resources, or time, resulting in a lower expenditure.
    • The activity of protecting something from loss or danger: The act of rescuing, preserving, or safeguarding something or someone from harm, destruction, or loss.
    • (plural: savings) Money that has been saved and set aside for future use: Funds accumulated by not spending all of one's income.

  2. Adjective:

    • Characterized by thriftiness; economical: Describing a person or action that avoids waste and uses resources carefully.
    • Bringing about salvation or redemption: (Theological/formal) Having the power to save or redeem, especially from sin or spiritual danger.
Usage Examples
  • Noun (Act of economizing):
    • Buying in bulk resulted in a significant saving.
    • The new energy-efficient design offers a saving on power bills.
  • Noun (Activity of protecting):
    • The saving of the ancient forest was a community priority.
    • His quick action was instrumental in the saving of lives.
  • Noun (Money set aside):
    • She keeps her savings in a bank account.
    • They used their life savings to buy a house.
  • Adjective (Thrifty):
    • He has a saving habit and rarely buys unnecessary things.
    • A saving mindset is essential for financial independence.
  • Adjective (Redemptive):
    • They believed in the saving grace of their faith. (Formal/Theological)
Advanced Usage
  • "A saving grace": A single positive quality that makes an otherwise bad or mediocre thing acceptable.
    • The hotel was basic, but its friendly staff was its saving grace.
  • Prepositional Phrase "with a saving of...": Used to indicate the amount of money, time, or resources preserved.
    • The project was completed with a saving of three weeks.
Variants and Related Words
  • Save (verb): To keep money, to rescue, or to prevent waste.
    • I save a portion of my salary every month.
  • Saver (noun): A person who saves money, or a device that reduces consumption.
    • She is a diligent saver. / This is a great energy saver.
  • Savings account (noun phrase): A bank account that earns interest, used for saving money.
    • I opened a savings account for my child.
Synonyms
  • Noun (Economizing): Economy, conservation, thrift.
  • Noun (Rescuing): Rescue, preservation, deliverance.
  • Adjective (Thrifty): Economical, frugal, sparing.
Related Phrases
  • Saving face: Avoiding humiliation or preserving one's dignity.
    • He apologized just to save face in front of his colleagues.
  • Saving for a rainy day: Saving money for future emergencies or needs.
    • It's wise to start saving for a rainy day early in your career.
Idioms
  • Penny saved is a penny earned: Money that you save is as valuable as money that you earn.
    • He always repairs things himself, believing a penny saved is a penny earned.
  • To be on saving(s) mode: To be actively trying to spend less money.
    • We're on savings mode this year for our big vacation.
saving

A family puts money into a piggy bank for future savings.

Adjective
  1. characterized by thriftiness
    • wealthy by inheritance but saving by constitution- Ellen Glasgow
  2. bringing about salvation or redemption from sin
    • saving faith
    • redemptive (or redeeming) love
Noun
  1. the activity of protecting something from loss or danger
  2. recovery or preservation from loss or danger
    • work is the deliverance of mankind
    • a surgeon's job is the saving of lives
  3. an act of economizing; reduction in cost
    • it was a small economy to walk to work every day
    • there was a saving of 50 cents

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