a. savings Money saved: a bank account for savings.
b. savings(used with a sing. verb)Usage Problem An amount of money saved: a rebate that yielded a savings of $50.
6. Law An exception or reservation.
With the exception of.
Usage Note: Traditionalists state that one should use the form a saving when referring to an amount of money that is saved. Indeed, that is the form English speakers outside of the United States normally use. In the United States the plural form a savings is widely used with a singular verb (as in A savings of $50 is most welcome); nonetheless, 57 percent of the Usage Panel find it unacceptable.
savings /sevz/ n.pl. money saved: I put my savings in the bank.