savings
UK: ˈseɪvɪŋz | US: ˈseɪvɪŋz
n. money saved, especially in a bank or for future use
n. the act of reducing expenses or avoiding waste
The word "savings" derives from the verb "save," which originates from Old French "sauver" (to protect, keep safe) and Latin "salvare" (to make safe, preserve). The suffix "-ing" forms the present participle, indicating the ongoing action of saving, while the plural "-s" reflects accumulated funds. The term evolved in Middle English to specifically denote money set aside, emphasizing financial preservation.
She keeps her savings in a high-interest account.
Cutting unnecessary expenses boosted their monthly savings.
The couple used their savings to buy a house.
Savings from energy-efficient appliances reduced their bills.
Always prioritize emergency savings for financial security.