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English definition of “save as you earn”

save as you earn

noun [U]
 
 
( abbreviation SAYE) HR, FINANCE
an arrangement in the UK that allows employees to save money from their salary to buy shares in the company they work for: The company operates a save-as-you-earn scheme for all its staff.
(Definition of save as you earn from the Cambridge Business English Dictionary © Cambridge University Press)
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