savings rate

savings rate definition - finance
The amount of money that citizens of a country save divided by the citizensÂ’ total disposable income, stated in percentage terms. U.S. citizens have long been criticized for their low savings rate, which amounts to just several percentage points a year. Savings rate details are published in gross domestic product statistics produced monthly by the U.S. government. Other countries, such as Japan, have a much higher savings rate.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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