nounchiefly 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.
- Example sentences
- 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.
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