reserve account Synonyms

No Synonyms and anytonyms found

reserve account Meaning

Wordnet

reserve account (n)

funds taken out of earnings to provide for anticipated future payments

reserve account Sentence Examples

1. The company established a substantial reserve account to cover potential future liabilities.
2. The government maintains a reserve account for unexpected expenses and emergencies.
3. The bank set aside a generous reserve account to absorb financial losses.
4. The insurance company accumulated a healthy reserve account to pay claims and fulfill obligations.
5. The organization budgeted for a significant reserve account to ensure its long-term financial stability.
6. The foundation created a reserve account to fund future grants and support initiatives.
7. The investment firm manages a reserve account to protect against market downturns.
8. The trust allocated a portion of its assets to a reserve account to safeguard against potential losses.
9. The municipality earmarked a reserve account to cover infrastructure repairs and maintenance costs.
10. The nonprofit organization relies on its reserve account to provide financial support during lean times.

FAQs About the word reserve account

What is the meaning of the word reserve account

funds taken out of earnings to provide for anticipated future payments

What are the synonyms of the word reserve account

No synonyms found.

What are the antonyms of the word reserve account

No antonyms found.

What is the usage of word reserve account

The company established a substantial reserve account to cover potential future liabilities.

The government maintains a reserve account for unexpected expenses and emergencies.

How to use the word reserve account in a sentence?

The bank set aside a generous reserve account to absorb financial losses.

The insurance company accumulated a healthy reserve account to pay claims and fulfill obligations.