savings rate

Definition

The amount a population saves divided by its disposable income, expressed as a percentage.

Use savings rate in a sentence

If you want to try and increase your savings rate you will need to find new ways to cut some costs.

​ Was this Helpful? YES  NO 7 people found this helpful.

One of the metrics that the federal government uses to measure the economic health of the country is to analyze the savings rate. Through the 2008 economic down turn, the savings rate of the country declined. This demonstrated economic weakness because individuals could no longer afford necessary items and were being forced to dig into savings or not save at all. As a result the savings rate went down. As the economy has recovered the savings rate has increased as incomes have rebounded.

​ Was this Helpful? YES  NO 8 people found this helpful.

At the start of the economic downfall, it was evident that the savings rate of the country had declined and families found themselves overspending and living paycheck to paycheck.

​ Was this Helpful? YES  NO 3 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Savings Incentive Match Plan for Employees savings-related share option scheme