Daylight savings time
From Fresh Dictionary
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English
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Noun phrase
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Usage note
Many editors replace this phrase with daylight saving time, with no "s" after "saving". Some sources, such as the North Carolina State University's Online Writing Lab, state that the form "daylight savings time" is incorrect. The justification is that "saving" is a present participle, and this "time" is for saving daylight; thus it is incorrect to use the plural noun "savings".