Definition of "savings" []

• That which has been saved, particularly money that has been set aside for the future. (noun)
• Plural form of saving. (noun)

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• "Central to those was his announcement of an additional £ 7 billion in savings from the welfare budget — on top of the £ 11 billion the chancellor identified in his June emergency budget."
• "I suppose you could take $300-500 in savings from a summer job and spend that on a freelancer."
• "If Obama does not know these details, how can he possibly know the 500 billion in savings is real."