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How Much Is Unemployment Pay in the UK? (Jobseeker’s Allowance Explained)

Last updated: 14 October 2026 “Unemployment pay” isn’t an official UK term, which is part of why a straight answer is hard to find. What yo...
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Savings
Definitions

Savings

Saddique Ansari • January 29, 2020 • 1 min read

Author bio

Savings – definition

Saving is income received by households that is not spent nor paid to the government in taxes. Savings are a withdrawal (or leakage) out of the circular flow of income.

savings diagram


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