reserve account

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BabylonEnglish English dictionaryDownload this dictionary
reserve account
surplus of income compared to expenses, total of accumulated profits, surplus money


WordNet 2.0 DictionaryDownload this dictionary
reserve account
Noun
1. funds taken out of earnings to provide for anticipated future payments
(synonym) reserve fund
(hypernym) reserve, backlog, stockpile
(hyponym) hidden reserve



European Central Bank DictionaryDownload this dictionary
reserve account
An account with the national central bank on which a counterparty's reserve holdings are maintained. The counterparties' settlement accounts with the national central banks may be used as reserve accounts.

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