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save as you earn

British  

noun

  1.  SAYE.  (in Britain) a savings scheme operated by the government, in which monthly contributions earn tax-free interest

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Another save as you earn scheme is running for another two years.

From The Guardian

There was a near doubling of share based payments - executive incentives, performance based plans and save as you earn schemes - to £14.4m during the year.

From The Guardian