English Dictionary |
RESERVE ACCOUNT
Pronunciation (US): | (GB): |
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Dictionary entry overview: What does reserve account mean?
• RESERVE ACCOUNT (noun)
The noun RESERVE ACCOUNT has 1 sense:
1. funds taken out of earnings to provide for anticipated future payments
Familiarity information: RESERVE ACCOUNT used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
Funds taken out of earnings to provide for anticipated future payments
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
reserve account; reserve fund
Hypernyms ("reserve account" is a kind of...):
backlog; reserve; stockpile (something kept back or saved for future use or a special purpose)
Hyponyms (each of the following is a kind of "reserve account"):
hidden reserve (reserves that do not show up on the balance sheet (as by understating values))
pool (any communal combination of funds)
allowance; allowance account; valuation account; valuation reserve (a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets)
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