personal saving Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “personal saving” in the English Dictionary

"personal saving" in Business English

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personal savingnoun

uk   us   FINANCE
personal savings [plural] the ​money that a ​person, rather than a ​business or ​organization, ​keeps in an ​account in a ​bank or similar ​financialorganization: They ​introducedtaxbreaks which made many ​personalsavingstax-free. She had ​spent almost $200,000 of her ​personalsavings to ​support the ​business. the personalsavingsmarket a personalsavingsaccount/​balance
[U] the fact that ​peoplekeep their ​money in a ​bank, etc. rather than ​spending it: These ​figures show a large ​decline in ​personalsaving.
(Definition of personal saving from the Cambridge Business English Dictionary © Cambridge University Press)
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“personal saving” in Business English

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