- The act of reserving, or keeping back; reservation. - That which is reserved, or kept back, as for future use. - That which is excepted; exception. - Restraint of freedom in words or actions; backwardness;
caution in personal behavior. - A tract of land reserved, or set apart, for a particular
purpose; as, the Connecticut Reserve in Ohio, originally set apart for
the school fund of Connecticut; the Clergy Reserves in Canada, for the
support of the clergy. - A body of troops in the rear of an army drawn up for
battle, reserved to support the other lines as occasion may require; a
force or body of troops kept for an exigency. - Funds kept on hand to meet liabilities.
2 . Reserve
[ v. t.]
- To keep back; to retain; not to deliver, make over, or
disclose. - Hence, to keep in store for future or special use; to
withhold from present use for another purpose or time; to keep; to
retain. - To make an exception of; to except.
Meaning of 'reserve' (Princeton's WordNet)
1 . reserve
[ v]
Meaning (1): - give or assign a resource to a particular person or cause
Example in sentence:
I will earmark this money for your research;
She sets aside time for meditation every day
Meaning (2): - arrange for and reserve (something for someone else) in advance
Example in sentence:
please hold a table at Maxim's;
reserve me a seat on a flight;
The agent booked tickets to the show for the whole family
Meaning (3): - hold back or set aside, especially for future use or contingency
Example in sentence:
they held back their applause in anticipation
Meaning (4): - obtain or arrange (for oneself) in advance
Unearned premium reserve Unearned premium reserve allows liability reserve of an insurance company that represents the unearned part of gross premiums on all
Retrospective reserve Retrospective reserve is in life insurance, the net premiums collected by the insurer for a particular block of policies, plus interest earnings
Prospective reserve Prospective reserve is in life insurance, the difference between the present value of future benefits and the present value of future net premiums.
Loss reserve Loss reserve is an amount set aside by property and casualty insurers for claims reported and adjusted but not yet paid, claims reported and
Legal reserve Legal reserve is a liability item on a life insurer’s balance sheet representing the redundant or excessive premiums paid under the level-premium method during the early years. Assets must be accumulated to offset the legal reserve liability. Purpose of the legal
Equity in the unearned premium reserve Equity in the unearned premium reserve is an amount by which an unearned premium reserve is overstated because it is established on
Federal Reserve Act of 1913 Federal Reserve Act of 1913 is a law that created the Federal Reserve System, commonly called Fed, and made it responsible for managing the nation’s supply of money and credit.
Active Guard/Reserve Active Guard/Reserve— Army National Guard, Army National Guard of the United States and U.S. Army Reserve Military Personnel on full–time duty or on ...
Secondary reserves Secondary reserves are the short-term U.S. government and agency securities held by banks.
Wartime reserve modes Wartime reserve modes— Characteristics and operating procedures of sensor, communications, navigation aids, threat recognition, weapons, and ...