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Reserve account   /rɪzˈərv əkˈaʊnt/   Listen
Reserve account

noun
1.
Funds taken out of earnings to provide for anticipated future payments.  Synonym: reserve fund.






WordNet 3.0 © 2010 Princeton University








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"Reserve account" Quotes from Famous Books



... Government. These taxes are collected by the Bureau of Internal Revenue of the U. S. Treasury Department, and inquiries concerning them should be addressed to that bureau. The law also creates an "Old-Age Reserve Account" in the United States Treasury, and Congress is authorized to put into this reserve account each year enough money to provide for the monthly payments you and other workers are to ...
— Security in Your Old Age (Informational Service Circular No. 9) • Social Security Board



Words linked to "Reserve account" :   reserve fund, backlog, allowance account, hidden reserve, valuation account, allowance, pool, reserve, valuation reserve, stockpile



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