What is the meaning of reserve account?

noun

  • Funds taken out of earnings to provide for anticipated future payments.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). reserve account. Retrieved September 20, 2026, from http://smartdefine.org/reserve_account/definitions/1242987
ChicagoWordNet. 2010. "reserve account" http://smartdefine.org/reserve_account/definitions/1242987 (accessed September 20, 2026).
HarvardWordNet 2010, reserve account, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/reserve_account/definitions/1242987>.
MLAWordNet. "reserve account" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/reserve_account/definitions/1242987>
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