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dissaving
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The answer DISSAVING has 0 possible clue(s) in existing crosswords.
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Definitions of dissaving in various dictionaries:
verb - to use savings for current expenses
DISSAVING - Dissaving is negative saving. If spending is greater than income, dissaving is taking place. This spending is financed by already accumulated savings...
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Possible Dictionary Clues |
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Present participle of dissave. |
spending money that has been saved: |
The action of spending more than one has earned in a given period. |
Dissaving description |
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Dissaving is negative saving. If spending is greater than income, dissaving is taking place. This spending is financed by already accumulated savings, such as money in a savings account, or it can be borrowed. * Dissaving was reported as a typical response to deficits, for households with normal income and expenditure patterns during the depression of the 1930s.The life-cycle hypothesis of saving, of Ando and Modigliani, proposes that people work and save when they are young and retire and dissave when they become elderly.Hayashi, Ando, and Ferris investigated whether the elderly save or dissave and found that for the United States that families after retirement dissave on average about a third of their peak wealth by the time of death, leaving the rest (mostly their homes) as bequests. In contrast they found that for Japan the elderly forming independent households and those living with children continue to save, for all but the most elderly. From age 80 or more and, also the single eld |