What do you understand by the word saving?

QuestionsWhat do you understand by the word saving?
Nikhil Rawat asked 2 years ago
   
3 Answers
Akshaj Singh answered 2 years ago
Saving is the act of retaining possession or keeping something away from use so that it can be used later. The word saving has many meanings and connotations, but in a general sense, one could say that it is simply the act of guarding or protecting one's wealth.  
Priya Vishwas answered 2 years ago
Saving is the act of preserving or storing something for future usage. As it relates to the economy, saving is when people and companies use their income or assets to buy goods and services rather than spend them. Saving also refers to money that is put into a bank account or asset.  
Deepak Goyal answered 2 years ago
Saving is a word that most people associate with money. Saving can also be used to describe the act of not wasting or preserving something. It is reflected as the income which is kept aside after deducting all the expenses.