reserve account
surplus of income compared to expenses, total of accumulated profits, surplus money | ||||
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Reserve account definition was found in categories: Language, Idioms & Slang(2) Business & Finance(1)
Reserve account Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
reserve account
Noun
1. funds taken out of earnings to provide for anticipated future payments
(synonym) reserve fund
(hypernym) reserve, backlog, stockpile
(hyponym) hidden reserve
Noun
1. funds taken out of earnings to provide for anticipated future payments
(synonym) reserve fund
(hypernym) reserve, backlog, stockpile
(hyponym) hidden reserve
| hEnglish - advanced version |
reserve account
reserve account
n : funds taken out of earnings to provide for anticipated future payments [syn: reserve fund]
reserve account
n : funds taken out of earnings to provide for anticipated future payments [syn: reserve fund]
Reserve account Definition from Business & Finance Dictionaries & Glossaries
| European Central Bank Glossary |
reserve account
An account with the national central bank on which a counterparty's reserve holdings are maintained. The counterparties' settlement accounts with the national central banks may be used as reserve accounts.
An account with the national central bank on which a counterparty's reserve holdings are maintained. The counterparties' settlement accounts with the national central banks may be used as reserve accounts.