Meaning of the word "save up" in English

What does "save up" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

save up

US /seɪv ʌp/
UK /seɪv ʌp/
"save up" picture

Phrasal Verb

1.

to keep money so that you can use it later, especially to buy something that you want

Example:
I'm trying to save up for a new car.
She's been saving up all year for her vacation.
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