1. : something reserved or set aside for a particular purpose, use, or reason: such as. a (1) : a military force withheld from action for later decisive useusually used in plural. (2) : forces not in the field but available. (3) : the military forces of a country not part of the regular services. also : reservist.

reserve 1. Portion of a body of troops that is kept to the rear, or withheld from action at the beginning of an engagement, in... 2. Members of the Military Services who are not in active service but who are subject to call to active duty. 3. Portion of an appropriation or contract authorization ...

reserve 2 of 2 verb 1 as in to book to arrange to have something (as a hotel room) held for one's future use we made sure to reserve a kennel for our dog several months before the start of the family vacation Synonyms & Similar Words book hire retain earmark contract bespeak engage 2 as in to retain

The term reserve means a source where we can save and can use when needed or it refers to those earnings that are kept aside for a specific purpose. So, reserve accounting means that some portion of the earnings are kept aside and can satisfy the financial losses or financial needs.

British Dictionary definitions for reserve (1 of 2) something kept back or set aside, esp for future use or contingency (as modifier) a reserve stock

reserve noun (KEEPING) C2 [ C or U ] the act of keeping something or a supply of something until it is needed, or a supply that you keep: She keeps a little money in reserve (= for use if and when needed). The librarian has put the book on reserve for me (= will keep it for me when it becomes available).

A reserve is a retained earnings secured by a company to strengthen a company’s financial position, clear debt & credits, buy fixed assets, company expansion, legal requirements, investment and other plans. These are usually done to save the cash from being used in other purposes. Reserve funds do not have any legal restrictions so that the company ...

Meaning of Reserves: Reserve means an appropriation of profits or other surpluses to strengthen the liquid resources of the business enterprise and not for meeting any liability, contingency or any commitment of the business.

Reserves are part of profits or gain that has been allotted for a specific purpose. Reserves are usually set up to buy fixed assets, pay bonuses, pay an expected legal settlement, pay for repairs & maintenance and pay off debt. What are Reserves in Accounting?

Definition: Reserve, as the name suggests is a part of undistributed profit retained in the business so as to provide for specific future needs like growth and expansion, or to meet any known or unknown expenditure or contingency, liability, or reduce the value of the asset.