B2noun1K

Saving

UK /["/ˈseɪvɪŋ/"]/US /["/ˈseɪvɪŋ/"]/

Definition

an amount of something such as time or money that you do not need to use or spend

In simple words: The act of keeping money for future use.

Examples

She had a substantial saving from her monthly salary that she intended to invest.
His saving allowed him to travel around the world without financial worries.
Saving the environment is one of the key goals of modern organizations.
By implementing energy-efficient practices, the company achieved significant saving on their monthly bills.
He considered his decision to invest in stocks as a saving for the future.

Usage notes

Commonly used in both formal and informal contexts, especially in finance. Avoid using in casual conversations unless related to money or resources.

Grammar pattern

saving + object

Memory hint

Think of a 'saver' in a piggy bank saving coins.

Collocations

big
considerable
great
find
identify
mean
come from something
result from something
saving for
saving from
saving in
life
pension
retirement
have
invest
put
grow
account
bank
bond
access to your savings

Synonyms

saving money
thrift
economy
conservation
hoarding

Antonyms

spending
wasting

Common mistakes

Confusing 'saving' with 'saved' (past tense).
Using 'saving' when referring to time instead of money.
Forget to specify the type of saving, like money or energy.