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- DictionarySav·ings bond/ˈsāviNGz bänd/
noun
- 1. a bond issued by the government and sold to the general public.
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- Saving
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Saving is income not spent, or deferred consumption. In economics, a broader definition is any income not used for immediate consumption. Saving also involves reducing expenditures, such as recurring costs. Methods of saving include putting money in, for example, a deposit account, a pension account, an investment fund, or kept as cash. Wikipedia
