reserve fund

Thesaurus

Noun

reserve fund - funds taken out of earnings to provide for anticipated future paymentsreserve accountstockpile, reserve, backlog - something kept back or saved for future use or a special purposehidden 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

Translations

EncyclopediaSeereserve

reserve fund

n. a fund of money created to take care of maintenance, repairs or unexpected expenses of a business or a multi-unit housing development (often condominiums or a housing cooperative) operated by a homeowners association or other governing body. Most states require that homeowners associations maintain such a fund.

reserve fund

Reserve Fund

An account used to save for unexpected expenses. In most cases, a reserve fund is a savings account from which one can withdraw at will. In other cases, a reserve fund may be a money market fund or may be invested in something like U.S. Treasury securities. In any case, a reserve fund is highly liquid and easy to access.

reserve fund

A physical fund with money for anticipated future needs. A reserve fund should appear on a company's or property's balance sheet as an actual bank account, earmarked for a particular use.

reserve fund

noun

Synonyms for reserve fund

noun funds taken out of earnings to provide for anticipated future payments

Synonyms

reserve account

Related Words

stockpile
reserve
backlog
hidden reserve
pool
allowance account
valuation account
valuation reserve
allowance

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