reserve account
Noun
-
Funds taken out of earnings to provide for anticipated future payments (synset 113391187)
is a type of: backlog, reserve, stockpile - something kept back or saved for future use or a special purposesubtypes:
- 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
same as: reserve fund
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