Definition of Reserve. Meaning of Reserve. Synonyms of Reserve
Here you will find one or more explanations in English for the word Reserve. Also in the bottom left of the page several parts of wikipedia pages related to the word Reserve and, of course, Reserve synonyms and on the right images related to the word Reserve.
Definition of Reserve
ReserveReserve Re*serve", n.
(a) That part of the assets of a bank or other financial
institution specially kept in cash in a more or less
liquid form as a reasonable provision for meeting all
demands which may be made upon it; specif.:
(b) (Banking) Usually, the uninvested cash kept on hand
for this purpose, called the real reserve. In Great
Britain the ultimate real reserve is the gold kept on
hand in the Bank of England, largely represented by
the notes in hand in its own banking department; and
any balance which a bank has with the Bank of England
is a part of its reserve. In the United States the
reserve of a national bank consists of the amount of
lawful money it holds on hand against deposits, which
is required by law to be not less than 15 per cent
(--U. S. Rev. Stat. secs. 5191, 5192), three fifths of
which the banks not in a reserve city (which see) may
keep deposited as balances in national banks that are
in reserve cities (--U. S. Rev. Stat. sec. 5192).
(c) (Life Insurance) The amount of funds or assets
necessary for a company to have at any given time to
enable it, with interest and premiums paid as they
shall accure, to meet all claims on the insurance then
in force as they would mature according to the
particular mortality table accepted. The reserve is
always reckoned as a liability, and is calculated on
net premiums. It is theoretically the difference
between the present value of the total insurance and
the present value of the future premiums on the
insurance. The reserve, being an amount for which
another company could, theoretically, afford to take
over the insurance, is sometimes called the
reinsurance fund or the
self-insurance fund. For the first year upon any policy the
net premium is called the
initial reserve, and the balance left at the end of the
year including interest is the
terminal reserve. For subsequent years the initial reserve
is the net premium, if any, plus the terminal reserve of
the previous year. The portion of the reserve to be
absorbed from the initial reserve in any year in payment
of losses is sometimes called the
insurance reserve, and the terminal reserve is then called
2. In exhibitions, a distinction which indicates that the
recipient will get a prize if another should be
3. (Calico Printing) A resist.
4. A preparation used on an object being electroplated to fix
the limits of the deposit.
5. See Army organization, above.
Meaning of Reserve from wikipedia
, Kansas, a US city Reserve
, Louisiana, a census-designated place
in St. John the Baptist Parish Reserve
- The Federal Reserve System
as the Federal Reserve
the Fed) is the central banking system
of the United States
of America. It was...
Bank of Fiji Reserve
Bank of India Reserve
Bank of New Zealand South African Reserve
Bank Federal Reserve System
of the United States Reserve
- The Governor
of the Reserve
Bank of India
is the Chief Executive Officer
of India's central
bank and the ex-officio chairperson
of its Central Board
- Woodford Reserve
is a brand
of premium small batch Kentucky straight bourbon whiskey produced
County, Kentucky, by the Brown-Forman Corporation...
- The reserve requirement
(or cash reserve
ratio) is a central
emplo**** by most, but not all, of the world's central
banks, that sets the...
- A Federal Reserve
Bank is a regional
bank of the Federal Reserve
System, the central banking system
of the United
in total, one...
- Oil reserves denote
oil that can be technically recovered
at a cost that is financially feasible
at the present price
of oil. Hence...
- Fractional-reserve banking
is the common practice
by commercial banks
deposits, and creating
credit, while holding reserves equal
to a fraction...
- A reserve fleet
is a collection
of naval vessels
of all types
that are fully equipped
but are not currently
needed, and thus partially
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