reserve

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Reserve

Funds set aside to cover future expenses, losses, or claims. To retain; to keep in store for future or special use; to postpone to a future time.A legal reserve is a monetary account required by law to be established by insurance companies and banks as protection against losses.

A trial court reserves a point of law by setting it aside for future consideration and allowing the trial to proceed as if the question had been resolved, subject to alteration of the judgment in the event the court en banc decides the question differently.

reserve

v. to keep for oneself a right or a portion of the real property when transferring (conveying) a parcel of real estate to another. (See: reservation)

reserve

noun assets, cache, conservation, copia, fund, means, provision, resource, resources, stock, store, storehouse, supply
Associated concepts: accumulated reserve, held in reserve, insurance reserve, legal reserve, minimum reserves, preeium reserve, reserve funds, reserve valve, reserved powers

reserve

verb accumulate, amass, bank, bespeak, cache, create a fund, deposit, earmark, except, garner, hide, hoard, hold, hold back, keep, keep back, keep in reeerve, keep on hand, lay away, maintain, preselect, put aside, reponere, retain, save, set apart, set aside, shelve, stock pile, store, store away, store up, withhold
Associated concepts: reserve an interest, reserve one's rights
See also: adjourn, bank, cash, composure, cumulation, delay, depository, doubt, employ, engage, fund, garner, hire, hoard, hold up, indecision, keep, margin, misgiving, predetermine, provision, register, resource, restraint, retain, save, shelter, stock, stopgap, store, strangle, treasury, withhold
References in periodicals archive ?
Officials have developed a budget plan that uses reserve funds to cushion the blow of declining revenue, but they contend that it is not a good long-term strategy.
The 'BBB' rating on class B-1 reflects the credit enhancement provided by the group 1 reserve fund initially equaling 4.
The authority's total reserve fund balances including the general reserve and consolidated bond reserve fund are estimated to have increased by 11% to $1.
5 million in the bond's reserve funds that could be distributed to the 500 bondholders.
Under the master trust indenture, management was required to set aside debt service reserve funds for subordinate lien bonds, which are secured by a pledge of subordinate airport system net revenues and an irrevocable commitment of receipts under a $44.
The 'AA' rating on classes B-2 through B-6 reflects support provided by the reserve funds as well as additional credit enhancement provided by the subordination of classes C-2 through C-6 certificates.
The 'AA' rating primarily reflects the credit enhancement provided by two reserve funds.
The "AAA" rating reflects the reserve funds as well as the additional credit enhancement provided to Classes A-1 through A-5 by the subordination of the related Class B certificates, with the reserve fund in the case of Class B-4 being adequate to rate both A-4 and B-4 "AAA".
Under these events, replacement mechanisms and reserve funds are sufficient to pay debt service and an extraordinary redemption.

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