BNET Business Dictionary
Business Definition for: Savings
- money set aside by consumers for a particular purpose, to meet contingencies, or to provide an income during retirement. Savings (money in deposit and savings accounts) differ from investmentsâ€"for example, on the stock marketâ€"in that they are not subject to price fluctuations and are thus considered safer.
Wiktionary Definition for: Savings
- #That which has been saved, particularly money that has been set aside for the future.
- Ex:''The collapse of Enron wiped out the life '''savings''' of many people, leaving them poor in their retirement.''
Additional Resources
- Americans' Savings Keep Growing Fatter in Lean Times
- After gorging ourselves on enough home-equity, credit-card and auto-loan debt to choke Jabba the Hut, many of us are feeding our savings accounts more in tighter times than reveling in wanton, unbridled consumption. Americans' personal savings rate rose to 3.3 percent last month from 2.8% in August,...
- Blog posts 2009-10-30
- The LaPorte Savings Bank and City Savings Financial Corporation Announce Effectiveness of SEC Registration Statement for the Acquisition of City Savings Financial Corporation
- LAPORTE, Ind. & MICHIGAN CITY, Ind. -- The LaPorte Savings Bank and City Savings Financial Corporation (OTCBB:CSFC), the holding company of City Savings Bank, announced today that the Securities Exchange Commission has declared effective the registration statement (33-143526) under the Securities Act of 1933 of LaPorte Bancorp, Inc., the to-be-formed...
- Research articles 2007-08-20
- Suppliers welcome Ford plan to share savings from cost cuts.(Ford Motor Co.'s Design Cost Savings Plan)(Brief Article)
- Auto suppliers last week said they supported Ford Motor Co.'s plans for suppliers to share $3 billion in cost savings that the automaker wants by 2005. Under Ford's Design Cost Savings Plan, savings would be split between Ford and the supplier del Auto...
- Research articles 2002-01-14
- North Side Savings Bank assumes SBLI Department from CrossLand Federal Savings Bank
- FLORAL PARK, N.Y.--BUSINESS WIRE--Feb. 29, 1996--North Side Savings Bank today announced that as of 3:01 p.m. on Feb. 29, 1996, the assets and liabilities of the Savings Bank Life Insurance SBLI Department of CrossLand Federal Savings Bank were assumed and transferred to the Savings Bank Life Insurance SBLI Department of...
- Research articles 1996-02-29
- -NATIONAL SAVINGS: New look website for National Savings
- M2 PRESSWIRE-3 August 1998-NATIONAL SAVINGS: New look website for National Savings C1994-98 M2 COMMUNICATIONS LTD RDATE:030898 National Savings today launches Its new look Website, which will give customers the facility to check for any unclaimed Premium Bond prizes, find out which National Savings products may...
- Research articles 1998-08-03
- First Bancorp to buy First Savings Bancorp, Inc. for 3.48 times revenue
- The Deal: First Bancorp, a 34-branch bank serving central North Carolina, has agreed to acquire First Savings Bancorp, Inc. for $78.4 million in stock. First Bancorp will pay $21.20 for all of First Savings' outstanding shares. After the news of the acquisition was announced, First Savings shares rose 31.25 cents,...
- Research articles 1999-12-27
- A.M. Best Affirms Ratings of Mutual Savings Life Insurance Company and Mutual Savings Fire and Removes Ratings From Under Review
- OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of B- Fair of Mutual Savings Life Insurance Company Mutual Savings and the FSR of C++ Marginal of its subsidiary, Mutual Savings Fire Insurance Company Mutual Savings Fire (both of Decatur, AL). Both ratings have been removed...
- Research articles 2006-05-09
- Open your small business to savings with Delta and American Express; American Express OPEN Savings program provides automatic savings at more than 20 partners.
- M2 PRESSWIRE-26 September 2006-Delta-Air: Open your small business to savings with Delta and American Express; American Express OPEN Savings program provides automatic savings at more than 20 partnersC1994-2006 M2 COMMUNICATIONS LTD RDATE:26092006 ATLANTA - Delta Air Lines announced a new partnership...
- Research articles 2006-09-26
- DOD says savings bonds are a good investment - Around the Fleet - Brief Article
- U.S. Savings Bonds coordinators and canvassers from the Office of the Secretary of Defense OSD kicked off a savings bond campaign during a recent ceremony at the Pentagon. After the kickoff, OSD Savings Bonds Campaign Vice-Chairman Richard McGraw said that service members and DOD civilians should consider the purchase...
- Research articles 2001-12-01
- MFS® Investment Management and the Oregon 529 College Savings Network Remind Residents That September is College Savings Month; 529 College Savings Plans Help Parents Prepare for the Growing Cost of Higher Education
- SALEM, Ore. -- September is back-to-school time, but more importantly, it is College Savings Month, sponsored nationwide by the National Association of State Treasurers and designed to educate people on college cost issues. MFS Investment Management and the Oregon 529 College Savings Network urge parents and other investors to explore...
- Research articles 2005-08-31
- Logansport Savings Bank, FSB conversion to stock form approved
- LOGANSPORT, Ind.--BUSINESS WIRE--May 3, 1995--Thomas G. Williams, president of Logansport Savings Bank, FSB (``Logansport Savings'' or the ``Bank''), Logansport, Ind., announced today that Logansport Savings has received approval from the Office of Thrift Supervision in Washington, D.C. to convert from a federal mutual savings bank to a federal stock savings...
- Research articles 1995-05-03
- Fulton Savings Bank completes initial stock offering
- FULTON, Mo.--BUSINESS WIRE--Oct. 18, 1996--Kermit D. Gohring, president of Fulton Savings Bank ("Fulton Savings Bank" or the "Savings Bank"), announced today that Fulton Bancorp Inc., the proposed holding company for Fulton Savings Bank, has completed its initial stock offering in connection with the Savings Bank's conversion from mutual to stock...
- Research articles 1996-10-18
- Maximizing Postmerger Savings from Purchasing
- "Industrial goods companies entering into mergers frequently expect to achieve particularly high savings in the area of purchasing. These expectations are well founded: most industrial companies are able to save from 10 to 15 percent on the cost of common materials and components during a postmerger integration PMI. One...
- White papers 2003-01-01
- Risk Transfer Via Energy-Savings Insurance
- Among the key barriers to investment in energy efficiency are uncertainties about attaining projected energy savings and potential disputes over stipulated savings. The fields of energy management and risk management are thus intertwined. While many technical methods have emerged to manage performance risks (e.g. building diagnostics and commissioning), financial methods...
- White papers 2002-01-25
- Contractual Savings or Stock Markets Development: Which Leads?
- This paper studies the relationship between the development of contractual savings assets of pension funds and life insurance companies and capital markets. The focus is on the macroeconomic and financial effects of contractual savings' development. New theoretical ideas and empirical results are presented. At the theoretical level, it explains how...
- White papers 2000-08-01
- Financial indicators.(stockmarkets, savings, foreign exchange markets and interest rates)(Brief Article)
- Belgians still occupy the thriftiest households in the OECD. Personal savings are expected to account for 16.3% of households' after-tax income this year, up from 14.4% in 1987, when Belgium had the third-highest savings rate. This year, savings rates Belgians still occupy the thriftiest households in the...
- Research articles 1997-08-09
- Health Savings Administrators Contracts with Ark. Blue Cross & Blue Shield to Provide Vanguard Mutual Funds for Health Savings Accounts
- RICHMOND, Va., Dec. 13 /U.S. Newswire/ -- Health Savings Administrators has entered into an agreement with Arkansas Blue Cross and Blue Shield and its family of companies to provide 20 Vanguard no load mutual funds for their Health Savings Account customeRICHMOND, Va., Dec. 13 /U.S. Newswire/ -- Health Savings Administrators...
- Research articles 2005-12-13
- A.M. Best Places Ratings of Mutual Savings Life and Mutual Savings Fire Under Review
- OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating FSR of B- Fair and the issuer credit rating ICR of "bb-" of Mutual Savings Life Insurance Company Mutual Savings Life (Decatur, AL) and the FSR of C++ Marginal and ICR of "b" of Mutual Savings Fire Insurance...
- Research articles 2007-11-13
- Harris Savings Bank declares dividend
- HARRISBURG, Pa.--BUSINESS WIRE--Oct. 18, 1995--Harris Savings Bank (NASDAQ/NM:HARS) Wednesday announced its regular quarterly dividend of 13 cents per share.This dividend was declared Tuesday by the board of directors to stockholders of record as of Oct. 31 and will be payable on Nov. 14.Harris Savings Bank is a $1.25 billion savings...
- Research articles 1995-10-18
- Valley Federal Savings Bank announces cash dividend
- SHEFFIELD, Ala.--BUSINESS WIRE--Sept. 10, 1996--Billy Don Anderson, president of Valley Federal Savings Bank announced today that the Savings Bank's board of directors declared a $.60 per share annual cash dividend on the Savings Bank's common stock.The cash dividend will be payable Sept. 30, 1996, to shareholders of record as of...
- Research articles 1996-09-10
