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  3. This amount of money kept aside is termed as reserves. Reserves are a component of retained earnings. They help in fortifying the financial position of a company and can be used for various purposes such as expansion, stable dividend repayments, legal requirements, meeting contingencies, improving the financial situation, investments, etc.
    www.accountingcapital.com/basic-accounting/wha…
    Simply put, reserves are profits a company has made that are set aside for a specific purpose in the future.
    businessfinancing.co.uk/accounting/reserves-in-ac…
    Reserves, in the world of business and finance, refers to ‘money in hand’ – money that is available to be used for a wide range of possibilities, including meeting future planned payments, unexpected events, emergencies, opportunities, etc.
    marketbusinessnews.com/financial-glossary/reserv…
    What are Reserves? A reserve is a retained earnings secured by a company to strengthen a company’s financial position, clear debt & credits, buy fixed assets, company expansion, legal requirements, investment and other plans. These are usually done to save the cash from being used in other purposes.
    byjus.com/commerce/what-is-reserves/
    Reserves are part of profits or gain that has been allotted for a specific purpose. Reserves are usually set up to buy fixed assets, pay bonuses, pay an expected legal settlement, pay for repairs & maintenance and pay off debt.
    byjus.com/commerce/what-are-reserves-in-account…
     
  4. People also ask
    What is a reserve component?The reserve components of the United States Armed Forces are military organizations whose members generally perform a minimum of 39 days of military duty per year and who augment the active duty (or full-time) military when necessary. The reserve components are also referred to collectively as the National Guard and Reserve.
    What does reserve mean?Get a quick, free translation! RESERVE definition: 1. to keep something for a particular purpose or time: 2. If you reserve something such as a seat…. Learn more.
    Why should I join the reserve component of the military?Joining the Reserve Component of the military is a great way to serve your country. You will also earn valuable benefits without giving up your civilian employment or schooling. Military OneSource has the information, tools and resources you’ll need to transition smoothly and quickly to military life.
    What are the three types of reserve?All Reserve and Guard service members are assigned to one of three Reserve component categories -- the Ready Reserve, the Standby Reserve and the Retired Reserve. There are three categories of the Ready Reserve: Inactive National Guard, Individual Ready Reserve and Selected Reserve.
     
  5. National Guard and Military Reserves Explained | Military.com

     
  6. U.S. Army Reserve | goarmy.com

  7. Benefits of Joining the Military Reserves | Military OneSource

  8. re·serve
    NOUN
    the reserves (plural noun)
    1. (reserves)
      a supply of a commodity not needed for immediate use but available if required:
      "Australia has major coal, gas, and uranium reserves"
      synonyms:
      • funds kept available by a bank, company, or government:
        "the foreign exchange reserves"
      • a part of a company's profits added to capital rather than paid as a dividend:
        "the bank built up a cash reserve of $2bn to meet any run on the bank once the loss was revealed"
    2. a force or body of troops kept back from action to reinforce or protect others, or additional to the regular forces and available in an emergency:
      "the men were stationed as a central reserve ready to be transported wherever necessary"
      synonyms:
      supplementaries · auxiliaries · reserves · support · backup · help · succors · additional troops · fresh troops · additional police
    3. an extra player who is a possible substitute in a team:
      "he was reserve hooker for the World Cup team"
      • (the reserves)
        the second-string team:
        "playing in the first team has been a big step up after the reserves"
    4. a place set aside for special use.
      • a reservation for an indigenous people:
        "a reserve was allocated to the tribe on Bear Island"
      • a protected area for wildlife:
        "part of the marshes has been managed to create a splendid reserve full of birds"
        synonyms:
        national park · preserve · reservation · safari park · animal sanctuary · conservation area · conservation park
    5. a lack of warmth or openness in manner or expression:
      "she smiled and some of her natural reserve melted"
    6. short for reserve price
    7. (in the decoration of ceramics or textiles) an area that still has the original color of the material or the color of the background.
    ORIGIN
    Middle English: from Old French reserver, from Latin reservare ‘keep back’, from re- ‘back’ + servare ‘to keep’.
    More about reserve
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