Library / English Dictionary

    RESERVE ACCOUNT

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    Funds taken out of earnings to provide for anticipated future paymentsplay

    Synonyms:

    reserve account; reserve fund

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("reserve account" is a kind of...):

    backlog; reserve; stockpile (something kept back or saved for future use or a special purpose)

    Hyponyms (each of the following is a kind of "reserve account"):

    hidden reserve (reserves that do not show up on the balance sheet (as by understating values))

    pool (any communal combination of funds)

    allowance; allowance account; valuation account; valuation reserve (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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