reserve account love

reserve account

Definitions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. funds taken out of earnings to provide for anticipated future payments

Etymologies

Sorry, no etymologies found.

Examples

  • to reimburse general partner for interest cost of tying up property closing costs reserve account for unanticipated cash flows and repairs syndication fee capital-improvement account to upgrade each unit after acquisition, increase the rents and therefore the value

    Creating Wealth

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