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English definition of “sock sth away”

sock sth away

US informal phrasal verb with sock     /sɒk/ US  /sɑːk/ verb [T]
to save money by putting it in a bank or by investing it (= giving it to companies hoping to get more back): He's socked away hundreds of dollars in a savings account.Saving and savings accounts
(Definition of sock sth away from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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