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What does save up mean?

Looking for the meaning or definition of the word save up? Here's what it means.

Verb
  1. (transitive and intransitive) To accumulate money, especially for a specific, planned expenditure.
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Examples
It took time to save up the money to buy a little Sony battery-powered cassette recorder, but finally I ditched my reel-to-reel tapes.
But as it's not stand-alone and looks a bit fiddly to install and run, it's probably less hassle to save up for a new camera.
I would probably have to move out here alone and live pretty modestly so that we could save up some money and pay down the debts back home.
Multiuse trailers would minimize this problem and could save up to 12 000 litres of fuel per year.
Until 1988 there was no other way for Andrew and millions of others to save up for a pension.
Children put their pocket money into a bank account to save up to buy a bicycle.

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