1. the act or practice of saving money excessively or beyond what is necessary or prudent
Usage: often used in economics and personal finance contexts

1. to save money in excessive amounts; to accumulate savings beyond what is needed or recommended
Usage: third-person singular present: oversaves; present participle: oversaving; past tense: oversaved

Examples

• Oversaving can prevent people from enjoying their current lifestyle and experiences.
• Some economists argue that oversaving by households reduces consumer spending and slows economic growth.
• She was oversaving for retirement at the expense of taking vacations with her family.
• The country's oversaving rate contributed to a trade surplus.
• Financial advisors warn against oversaving if it means missing out on important life goals.
• He tends to oversave out of anxiety about future financial security.