dissaving
/dɪsˈseɪvɪŋ/noun [mass noun] chiefly North American
1The action of spending more than one has earned in a given period.Prestowitz examines this claim within the context of deficits, dissaving, and U.S consumption as the motor of the global economy (although U.S. influence is limited)....
- At the same time, our private investment may prove inadequate to keeping the economy growing rapidly, because government dissaving will no longer be offset by capital flowing in from abroad.
- However, pre-funding retirement accounts will increase national saving only if they do not crowd out other private savings or increase public dissaving.
1.1 (dissavings) The excess amount spent.In addition, any savings accumulated earlier on, tends to be used up in what is called dissavings....
- Bank money creates bank savings and bank dissavings or loans create deposits in equal amounts so net to zero.
- Normally these needs for savings and dissavings will arise at different times for different families.
Derivatives
dissaver
- The Australian market is in many respects at the vanguard of meeting the needs of the new dissaver.
- As more people get closer to dissaver status, they want to maintain current consumption and increase savings.