Reserve: Difference between revisions
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Revision as of 08:40, 30 January 2019
1.
Accounting - companies.
An account representing an amount of money ‘owed’ to the owner (shareholder) of the company.
2.
More generally, any accumulated financial surplus.
The reserve may be earmarked for a particular purpose or expected future expenditure, but not necessarily so.
3.
Accounting.
Formerly, an alternative term for an accounting provision.