forced saving

forced saving definition - business

forced saving

An involuntary reduction in consumption. A government requirement for mandatory retirement contributions is an example of forced saving. Forced saving may also result when price controls limit the amount of goods that are available for sale.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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