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.


See also