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hidden reserve
(redirected from Hidden asset)

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.hidden reserve - reserves that do not show up on the balance sheet (as by understating values)
cookie jar reserve - a hidden reserve that can be used to adjust quarterly earning reports
reserve account, reserve fund - funds taken out of earnings to provide for anticipated future payments


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The message to American taxpayers is clear: the era of bank secrecy and hidden assets is over," Deputy Attorney General David Ogden said in announcing the results with the Internal Revenue Service, the country's tax collector.
The message to American taxpayers is clear: the era of bank secrecy and hidden assets is over," Deputy Attorney General David Ogden said in announcing the results with the Internal Revenue Service, the country's tax collector.
The judge ruled he must have hidden assets - because he would not have spent every penny of the cash.
 
 
 
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