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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.


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)

References in periodicals archive ?
Excess Reserve Holdings by Region Domestic European- Non-European Total Excess Banks Owned Banks Foreign-Owned Banks Reserves 2014:Q1 1.8033 0.7617 0.3652 2.9301 2014:Q2 1.8222 0.7298 0.4112 2.9631 2014:03 1.8972 0.7273 0.4100 3.0344 2014:Q4 1.8981 0.5767 0.3788 2.8535 2015:Q1 1.9849 0.5265 0.4040 2.9154 Source: Quarterly call report data.
Expansion of Excess Reserves by the Federal Reserve
After two years, it is interesting to look at the effects of paying interest on reserves and how it may have affected the funds market and banks' business models.
When all is said and done, the DSC could impact almost 200 units comprised of more than 10,000 Soldiers, active and reserve, according to Askey.
Thus, taxpayers may accelerate the deduction for some portion of the bad-debt reserve if entries to the allowance account are accompanied by contemporaneous documentation indicating that the allowance is intended to reflect the partial worthlessness of specifically identifiable business bad debts occurring within the tax year.
In rural areas, such as Carter County, Oklahoma, and Yankton, South Dakota, reserve officers have responsibility for many miles of roads that may not have 24-hour coverage by full-time officers.
Between 1933 and 1939 more than 30,000 Reserve officers served as commanders or staff officers at 2,700 conservation-corps camps.
If this recovery factor can be increased by another five percentage points, that would boost worldwide recoverable reserves by more than all of Saudi Arabia's current proven reserves.
The amendment would allow the use of low-level lapse rates in calculating reserves for the secondary or no-lapse guarantee.
How important are marine reserves in preserving the health of the oceans and its inhabitants?
Reserves relating to acquisition or restructuring are liabilities deemed to have been incurred as of a certain period with the reasonable expectation that cash will be disbursed in the near future as the related bills become due and payable (such as payroll and health benefits).