die Ersparnis
Translation
saving, savings, economy
Examples
Die Ersparnis an Zeit war enorm.
The saving in time was enormous.
Er hat seine gesamten Ersparnisse investiert.
He invested his entire savings.
Grammar Patterns
the saving in sth. The saving in energy is important.
a saving of sth. That is a saving of 100 euros.
Similar Words
die Einsparung (saving); Antonyms: die Ausgabe (expense), die Verschwendung (waste)
Etymology
From the verb 'sparen' (to save) plus the noun-forming suffix '-nis'.
Memory Tips
Think of this as the result ('-nis') of the action 'sparen' (to save). The plural 'Ersparnisse' refers to one's total savings.