ENGLISH
REFERENCE

savings

n. uncountable
B1 Intermediate US //ˈseɪvɪŋz// UK //sˈeɪvɪŋz// sav·ings

n. the money you keep and do not spend, usually in a bank. You save this money for the future or for a special purchase.

n. the amount of money accumulated by an individual or household over time by deferring consumption. Plural in form when referring to a total sum of money kept in reserve.


SIMPLE

I put my extra money into my savings every month.

CONTEXTUAL

After working for three years, she finally had enough savings to pay for a down payment on a small apartment.

COMPLEX

Financial advisors recommend maintaining an emergency fund within your savings to cover at least six months of essential living expenses during periods of economic instability.

Synonyms
Usage

Plural in form but often treated as a singular collective concept; typically used with a possessive adjective like 'my' or 'her'.

Pitfall

I have a big saving in the bankI have big savings in the bankWhen referring to the total amount of money kept, the word must be plural.

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