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replacement reserve
(redirected from Operating reserve)

   Also found in: Wikipedia 0.01 sec.
replacement reserve

An amount of money set aside because building components or equipment will wear out in a relatively short time and need to be replaced.Replacement reserves can be a mere accounting entry as a phantom expense item reducing net operating income each month, or it can be money actually deposited into an account and earmarked for replacements.If the money is set aside into a separate account,any contract for the purchase of that property or business should include a clause addressing who gets the money—the purchaser or seller.When purchasing a condo or co-op,or a home in a planned unit development,the buyer should make sure there are adequate cash replacement reserves for the future.If not, then repairs will not be made or they will be made only after assessments against all owners.



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Last year the operating reserve was zero, which forced the City Council to repeatedly dip into its contingency fund, causing significant problems, Pulskamp said.
The Company continues to pursue specific additional acquisitions targeted at increasing its operating reserves and providing short term to first production opportunities.
Prosper ISD has managed to increase operating reserves each of the last five fiscal years, and the general fund balance now approaches one-year's expenditures.
 
 
Operating Pressure Ratio
Operating Problems Requiring Research & Development
operating procedure
operating procedure
operating procedure
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Operating Procedures Outline Sheet
Operating Profit
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Operating Profit After Tax
Operating Profit Before Depreciation and Amortisation
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Operating profit margin
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Operating Profit Margins
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operating profits
Operating Program
Operating Range
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Operating rate
Operating Rates
Operating ratio
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Operating Reactor
Operating Reliability Working Group
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Operating Resource Management
Operating Resource Management System
Operating Result Before Depreciation and Amortization
Operating Return On Sales
operating revenue
Operating Revenues
Operating Review Committee
Operating risk
Operating Risks
operating room
operating room
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Operating Room Image Oriented Navigation
Operating Room Information and Communication System
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operating room nurse
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