economy, saving (noun)

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"

rescue, deliverance, delivery, saving (noun)

recovery or preservation from loss or danger

"work is the deliverance of mankind"; "a surgeon's job is the saving of lives"

preservation, saving (adj)

the activity of protecting something from loss or danger

redemptive, redeeming(a), saving(a) (adj)

bringing about salvation or redemption from sin

"saving faith"; "redemptive (or redeeming) love"

saving (adj)

characterized by thriftiness

"wealthy by inheritance but saving by constitution"- Ellen Glasgow

saving (Noun)

A reduction in cost or expenditure.

saving (Noun)

Something (usually money) that is saved.

saving (Noun)

The action of the verb to save.

Saving

Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in a bank or pension plan. Saving also includes reducing expenditures, such as recurring costs. In terms of personal finance, saving specifies low-risk preservation of money, as in a deposit account, versus investment, wherein risk is higher. There is some disagreement about what counts as saving. For example, the part of a person's income that is spent on mortgage loan repayments is not spent on present consumption and is therefore saving by the above definition, even though people do not always think of repaying a loan as saving. However, in the U.S. measurement of the numbers behind its gross national product, personal interest payments are not treated as "saving" unless the institutions and people who receive them save them. "Saving" differs from "savings." The former refers to an increase in one's assets, an increase in net worth, whereas the latter refers to one part of one's assets, usually deposits in savings accounts, or to all of one's assets. Saving refers to an activity occurring over time, a flow variable, whereas savings refers to something that exists at any one time, a stock variable.