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- nounthe reserves (plural noun)
- (reserves)a supply of a commodity not needed for immediate use but available if required:"Australia has major coal, gas, and uranium reserves"
- 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"
- a place set aside for special use.
- short for reserve price
- (in the decoration of ceramics or textiles) an area that still has the original color of the material or the color of the background.
OriginMiddle English: from Old French reserver, from Latin reservare ‘keep back’, from re- ‘back’ + servare ‘to keep’. - People also ask
- Reserves are profits or gains that a company has made and kept aside for a specific purpose12345. Reserves are a component of retained earnings and help in strengthening the financial position of a company14. Reserves can be used for various purposes such as buying fixed assets, paying debts, meeting contingencies, expanding the business, investing, etc.145. Reserves are also known as ‘money in hand’3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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…
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