personal savingnoun
ukusFINANCEpersonal savings
[ plural ] the money that a person, rather than a business or organization, keeps in an account in a bank or similar financial organization:
They introduced tax breaks which made many personal savings tax-free.
She had spent almost $200,000 of her personal savings to support the business.
the personal savings market
a personal savings account/balance
[ U ] the fact that people keep their money in a bank, etc. rather than spending it:
These figures show a large decline in personal saving.