noun
- the act or process of spending money that was previously saved; withdrawal of savings or spending more than current income
Usage: usually used in plural or as a mass noun; economics and personal finance contexts
Examples
- During retirement, many people rely on dissavings to maintain their standard of living.
- The household's dissavings increased significantly after the job loss.
- Economists track dissavings as an indicator of consumer confidence and economic stress.
- Without additional income, the family's dissavings would deplete their emergency fund within months.
- The government studied patterns of dissavings among elderly citizens to inform policy decisions.