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reserve account

   Also found in: Financial 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.reserve account - funds taken out of earnings to provide for anticipated future payments
stockpile, reserve, backlog - something kept back or saved for future use or a special purpose
hidden reserve - reserves that do not show up on the balance sheet (as by understating values)
pool - any communal combination of funds; "everyone contributed to the pool"
allowance account, valuation account, valuation reserve, allowance - a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets


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Byline: Heather MacDonald Staff Writer SANTA CLARITA - Worried about the growing state deficit, the City Council Tuesday endorsed a plan to boost the city's emergency reserve accounts by $2.
But the school decided to use the reserve account to keep the students employed through the end of the academic year.
Abbey National has set up a special ISA Reserve Account which matures next April and in which you can park up to pounds 7,000 now - and have the option to switch it into a proposed Abbey ISA once they become available.
 
 
 
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