nest egg

Definition

Colloquial term for a sum of money or funds set aside for purposes like retirement, university tuitions, or to describe the overall wealth of an individual, family or entity. The phrase nest egg is often used by individuals to describe personal wealth. For example, an individual may say, "I have a nest egg of over one million dollars in stocks that I will be drawing from when I retire."

Use nest egg in a sentence

You need to try and take great care of your nest egg so that you know you have something to fall back on.

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We have been trying to save something out of each pay check for the last few months, and now we have a little nest egg built up for emergencies.

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Mr. and Mrs. Smith saved every penny they could spare in the first twenty years of their marriage so that they would have a sizable nest egg to fund their early retirement.

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