verb
- past tense and past participle of dissave; to spend down or deplete savings; to consume capital rather than income.
Usage: economics/finance term; formal
Examples
- During the recession, many households dissaved to maintain their standard of living.
- The retirees dissaved their nest egg over the course of twenty years.
- When income fell, the family dissaved rather than cut expenses immediately.
- Economists noted that consumers dissaved at an unusual rate during the pandemic.
- He dissaved his inheritance to fund his education.