Savings

In the case of a company, the reduction of costs while maintaining the quantity and quality of the good supplied to the market (financial benefits resulting from a reduction in costs). – In the national accounts, a stock, i.e. the non-consumed part of national income, roughly gross domestic product less expenditure on consumption and government consumption. In addition to household saving, this also includes undistributed corporate profits and government revenue surpluses. – See gross domestic product, hoarding, current account deficit, saving, savings, thrift. – See the definitions and the stock and growth figures under the heading “Financial and nonfinancial accounts,” subheading “Annual saving, investment and financing” in the part “Euro area statistics” of the respective ECB Monthly Bulletin.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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