(in the UK) a method of saving money that carries certain tax privileges.
as modifier SAYE accounts
Example sentencesExamples
- Some employees have share options in their company and save-as-you-earn schemes that enable them to buy shares in their company at preferential rates - resulting in dependence on one company's shares when it comes to saving.
- When we launched our save-as-you-earn scheme two years ago, people were aware of these schemes.
- At the moment I put aside £250 into a save-as-you-earn scheme.
- Then, $1,000 per month gets transferred to a save-as-you-earn account, which I can't touch for 2 years.