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

References in periodicals archive ?

The problem with basing your reserve fund forecast on a shorter analysis period is that, for a new building, the lifecycle costs are minimal in the first 10 years, and only start to increase from around year 15 onwards.

Long-term FM thinking would benefit UAE residents

The Reserve Fund Law states that sponsors must provide a reserve fund in an amount no less than three percent of the total price of all of the units offered for sale, specifically, "[t]he sum of the cost of all units in the offering at the last price which was offered to tenants in occupancy prior to the effective date of the [offering] plan regardless of number of sales made."

Courts rule on underfunded condo reserve funds

According to the authors' conversation with an independent CPA who routinely performs CIRA audits, some associations do not maintain a reserve fund because their governing documents do not permit it.

Common interest realty associations: special accounting and financial reporting considerations

For FY2007, it would allow for additional funding for energy (Function 270) above the President's request that "could be used for research, development, and deployment of renewable and alternative energy." Section 207 would create a deficit-neutral reserve fund that fulfills the purposes of H.R.

The strategic energy efficiency and renewables reserve in the CLEAN Energy Act of 2007 (H.R. 6)

"Economics of European Nuclear Power Plant Decommissioning Reserve Fund Management Models", Flavien Tchapga and Jean-Michel Glachant, April 2003.

NEW PUBLICATION

He said the county will have to tap into its reserve fund of about $1 million.

Greene County Looking at Budget Cuts

The Alliance of American Insurers opposes the proposal because it calls for a mandatory reserve fund. The trade group said requiring insurers to set aside money would limit their ability to diversify risk because mandating one approach would hinder insurers from developing their own solutions.

NAIC Approves Creation Of Cat Reserve Fund Formula

This agreement was not a government bailout in that Federal Reserve funds were neither provided nor ever even suggested.

Statement by Alan Greenspan, Chairman, Board of Governors of the Federal Reserve System, before the Committee on Banking and Financial Services, US. House of Representatives, October 1, 1998

To cover the risk, the bank, the borrower, and the government pay a small percentage between 1.5 to 3.5 percent of the loan amount into a reserve fund. This way, the bank avoids individual classifications.

Why it's too hard to start a new business

An Alaska judge has determined that $924 million in reserve funds was wrongly appropriated and has ordered return of the money to a state savings account.

Court says Alaska reserve funds misspent

As the rating is based on the quality of both the MBS and the reserve funds, Fitch will be requesting additional information from the issuer related to the reserve funds and their effect on the transaction, including new cash flow runs to determine if the MBS portfolio can provide a sufficient cash flow to provide full and timely payment on the Certificates without relying on the indenture reserves.

Fitch Ratings maintains RWN on $56.6 million PRHFA certificates

Offering a practical tool to ISSA member institutions, so they can compare their investment management approach with the CEM Benchmarking global survey participants consisting of no less than 313 pension funds, sovereign wealth funds, and endowment funds and representing USD 11.8 trillion in assets the participant ISSA member institution reserve funds are offered important insights into the performance, asset allocation and other management practices of their peers.