Definitions for "Savings" Add To Word List
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Income not spent on consumption.
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Disposable income minus consumption. View LEI Lesson(s) that address this term
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Accumulating funds by delaying or foregoing consumption.
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Unspent income.
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An amount allocated from income to be used in the future. Banks are a safe place to keep savings and they pay savers interest.
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Income not used for current consumption. See also gross domestic saving rate and gross domestic investment rate.
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money you have not spent
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Any income that is not spent.
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