Dictionary-like efficient storing of scipy/numpy arrays
I would suggest to use scipy.save and have an dictionnary between the word and the name of the files.
BACKGROUND
The issue I'm working with is as follows:

Within the context of an experiment I am designing for my research, I produce a large number of large (length 4M) arrays which are somewhat sparse, and thereby could be stored as scipy.sparse.lil_matrix instances, or simply as scipy.array instances (the space gain/loss isn't the issue here).
Each of these arrays must be paired with a string (namely a word) for the data to make sense, as they are semantic vectors representing the meaning of that string. I need to preserve this pairing.
The vectors for each word in a list are built one-by-one, and stored to disk before moving on to the next word.
They must be stored to disk in a manner which could be then retrieved with dictionary-like syntax. For example if all the words are stored in a DB-like file, I need to be able to open this file and do things like vector = wordDB[word].

CURRENT APPROACH
What I'm currently doing:

Using shelve to open a shelf named wordDB
Each time the vector (currently using lil_matrix from scipy.sparse) for a word is built, storing the vector in the shelf: wordDB[word] = vector
When I need to use the vectors during the evaluation, I'll do the reverse: open the shelf, and then recall vectors by doing vector = wordDB[word] for each word, as they are needed, so that not all the vectors need be held in RAM (which would be impossible).

The above 'solution' fits my needs in terms of solving the problem as specified. The issue is simply that when I wish to use this method to build and store vectors for a large amount of words, I simply run out of disk space.
This is, as far as I can tell, because shelve pickles the data being stored, which is not an efficient way of storing large arrays, thus rendering this storage problem intractable with shelve for the number of words I need to deal with.
PROBLEM
The question is thus: is there a way of serializing my set of arrays which will:

Save the arrays themselves in compressed binary format akin to the .npy files generated by scipy.save?
Meet my requirement that the data be readable from disk as a dictionary, maintaining the association between words and arrays?