imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Accounting''.
| | A sole trader effectively entails an individual trading alone. |
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| Reserves represent the amount of money ‘owed’ to the owner (shareholder) of the company.
| | Also known as a single trader. |
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| In a profitable and conservative company, reserves will normally comprise a significant balance of accumulated undistributed profits.
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| 2. ''Banking''.
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| Deposits maintained by non-[[central bank]] [[monetary financial institution]]s with their central bank in the latter's capacity as 'the bankers' bank'.
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| These deposits are current account balances in favour of the depositing institution, effectively cash deposited at the central bank.
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| Central banks may require institutions to maintain minimum balances with the central bank, in which case balances in excess of the minimum are known as 'excess reserves'.
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| Of course banks publish accounts and use the term 'reserves' in the accounting sense too. Do not be confused by this.
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| 3. ''Oil and gas''.
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| Oil and gas underground or under the sea, especially when owned by a financial reporting entity.
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| For example, in reserve based lending (RBL).
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| 4.
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| More generally, any physical or financial assets not required for immediate use, but available for future use.
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| == See also == | | == See also == |
| * [[Central bank]] | | * [[Drawings]] |
| * [[Central bank money]] | | * [[Unincorporated]] |
| * [[Central bank reserves]]
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| * [[Conservative]]
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| * [[Depletion]]
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| * [[Distributable reserves]]
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| * [[Dry powder]]
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| * [[Entity]]
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| * [[Equity]]
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| * [[Financial reporting]]
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| * [[Interest on excess reserves]]
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| * [[Merger reserve]]
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| * [[Official reserves]]
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| * [[Profit and Loss account]]
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| * [[Profit and Loss reserve]]
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| * [[Provision]]
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| * [[RBL]]
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| * [[Reserve]]
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| * [[Reserve requirements]]
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| * [[Reserves account]]
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| * [[Revaluation reserve]]
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| * [[Share capital]]
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| * [[Shareholder]]
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| * [[Special drawing rights]]
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| * [[Trapped cash]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:Long_term_funding]]
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