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Meaning of RESERVE ACCOUNT

Pronunciation:  ri'zurv u'kawnt

WordNet Dictionary
 
 Definition: [n]  funds taken out of earnings to provide for anticipated future payments
 
 Websites: 
 
 Synonyms: reserve fund
 
 See Also: allowance, allowance account, backlog, pool, reserve, stockpile, valuation account, valuation reserve

 

 

 

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