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saving |
Also found in: Legal, Wikipedia | 0.07 sec. |
savingProcess of setting aside a portion of current income for future use, or the resources accumulated in this way over a given period of time. Savings may take the form of bank deposits and cash holdings or securities. How much individuals save is affected by their preferences for future over present consumption and their expectations of future income. If individuals consume more than the value of their income, then their saving is negative and they are said to be dissaving. Individual saving may be measured by estimating disposable income and subtracting current consumption expenditures. A measure of business saving is the increase in net worth shown on a balance sheet. Total national saving is measured as the excess of national income over consumption and taxes. Saving is important to economic progress because of its relation to investment: an increase in productive wealth requires that some individuals abstain from consuming their entire income and make their savings available for investment. saving 1. Law denoting or relating to an exception or reservation 2. Law an exception or reservation How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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Lacking in domestic savings, the United States, must import foreign savings in order to grow. To be able to talk about a sustained growth we need to increase the capacity for domestic savings. Global trade imbalances are heavily influenced by financial motivations, which arise in part because of the inability of emerging markets to allocate domestic savings efficiently. |
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