Concept information
Preferred term
savings
Definition
- The part of a person's income that is not spent at the end of any given accounting period. Individuals, households, businesses, and government dis-save when current expenditures exceed current saving. [Source: The SAGE Glossary of the Social and Behavioral Sciences; Savings]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/savings
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