Daylight Saving Time: The practice of advaning the clock one hour in the spring of the year. Significant in the erection of natal charts as it requires that one hour be subjected from the standard time when daylight saving time is in effect.

 

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Daylight Saving Time: The practice of advaning the clock one hour in the spring of the year. Significant in the erection of natal charts as it requires that one hour be subjected from the standard time when dayli . . . View Full Definition

War Time: The name used for daylight saving time during periods of war. See also daylight saving time.

Summer Time: British name for daylight saving time.

Savings Deposits: Accounts that pay interest, typically at below-market interest rates, that do not have a specific maturity, and that usually can be withdrawn upon demand.

Savings Element: Used in the context of life insurance, the cash value built up in a policy, which equals the amount of premium paid minus the cost of protection. This excess is invested by the insurance com . . . View Full Definition

Savings Rate: Personal savings as a percentage of disposable personal income.

Screen Time: The duration of a program--which is normally shorter than the time represented in the program's narrative (that is, its story time). E.g., the story time of one soap opera episode is typical . . . View Full Definition

Savings Bonds: The US government issues two types of savings bonds: Series EE and Series I. You buy electronic Series EE bonds through a Treasury Direct account for face value and paper Series EE for half . . . View Full Definition

Savings Bond: A government bond issued in face value denominations from $50 to $10,000, with local and state tax-free interest and semiannually adjusted interest rates.

Savings and Loan Associations (S and Ls): Financial institutions that provide loans and interest-bearing accounts. Accounts in federally chartered S & L’s are federally insured.