They introduced tax breaks which made many personal savings tax-free.
»She had spent almost $200,000 of her personal savings to support the business.
»the personal savings market
»a personal savings account/balance
Financial and business terms. 2012.
personal savings rate — UK US (also personal saving rate) noun [C, usually singular] ► FINANCE the percentage of the money people have available that they save in a bank, etc. rather than spending it: »Incomes rose, but the personal savings rate fell. »The personal… … Financial and business terms
personal saving — ➔ saving * * * personal saving UK US noun FINANCE ● personal savings Cf. personal savings ► [U] the fact that people keep their money in a bank, etc. rather than spending it: »These figures show a large decline in personal saving … Financial and business terms
savings rate — Personal savings as a percentage of disposable personal income. Bloomberg Financial Dictionary * * * The proportion of income that is put aside and not consumed immediately … Financial and business terms
Savings Rate — The amount of money, expressed as a percentage or ratio, that one deducts from his/her disposable personal income to set aside as a nest egg or for retirement. The cash accumulated is typically put into very low risk investments (depending on… … Investment dictionary
savings account — A bank or building society account designed for the investment of personal savings. The rates tend to be higher than old fashioned deposit accounts and interest bearing current accounts. Some accounts offer instant access to funds, while others… … Accounting dictionary
savings account — A bank or building society account designed for the investment of personal savings. The rates tend to be higher than old fashioned deposit accounts and interest bearing current accounts Some accounts offer instant access to funds, while others… … Big dictionary of business and management
Savings account — Savings accounts are accounts maintained by retail financial institutions that pay interest but can not be used directly as money (by, for example, writing a cheque). These accounts let customers set aside a portion of their liquid assets while… … Wikipedia
savings and loan — A banking and lending institution chartered either by a state government or the federal government. Savings and loans institutions take savings deposits, upon which they pay interest slightly higher than that paid by most banks, and they make… … Law dictionary
Personal finance — is the application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain, budget, save, and spend monetary resources over time, taking into account… … Wikipedia
Personal Accounts — are a proposed new pension system for all workers in the United Kingdom that do not already have a suitable company pension scheme. They will be a simple, universally available, defined contribution pension scheme, accumulating a fund of money… … Wikipedia
