Reserve Account

Also found in: Dictionary/thesaurus

0.01 sec.

Reserve account

A separate amount of cash or letter of credit to service a payment requirement such as debt service or maintenance.

Allowance for Doubtful Accounts

Extra funds from sales, or another source, set aside in order to pay off bad debt if and when it arises. The allowance helps a company ward off any potential cash flow problems should its credit sales not be repaid as expected. On financial statements, it is important to note that an allowance for bad debts exists for fiscal conservatism and not because one expects a large amount of bad debt to accumulate. An allowance for doubtful accounts is also called a cushion. Banks call these funds the loan loss reserve. See also: Savings account.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Cushion Federal Funds Federal Reserve Float Reserve for Contingencies			Byline: Heather MacDonald Staff Writer SANTA CLARITA - Worried about the growing state deficit, the City Council Tuesday endorsed a plan to boost the city's emergency reserve accounts by $2. CITY SET FOR HARD TIMES COUNCIL ENDORSES PLAN TO BOOST RESERVES by Daily News (Los Angeles, CA) But the school decided to use the reserve account to keep the students employed through the end of the academic year. College digs deep to save work-study jobs. (around campus) by Community College Week Abbey National has set up a special ISA Reserve Account which matures next April and in which you can park up to pounds 7,000 now - and have the option to switch it into a proposed Abbey ISA once they become available. WIN A SAFARI by The Mirror (London, England)			Rescate opcional Rescheduled Loan Rescheduled Loans Rescheduling of Debt rescind Rescindir rescission Research and Development Research and Development Costs Research and Development Limited Partnership Research Department Research Institute for Housing America Research Portable Reseaux Associes pour la Recherche Europeenne Reserva Reserva estatutaria Reserva oculta Reserva para deudores incobrables Reservas em efetivo Reservas en efectivo Reservas excendentes Reservas libres reservation Reservation Price Reserve Reserve Account Reserve Currency Reserve Deficiency reserve for bad debt Reserve for Bad Debts Reserve for Contingencies reserve for credit and collections reserve for losses reserve fund reserve price Reserve Ratios Reserve Requirement Reserve Requirements reserved water rights doctrine Reservefonds van een delinquent reserves Reserves excedentaires Reset Bond Reset Bonds Reset Frequency Reset Margin reset note residence Residency Visa resident agent Resident Alien			Reservation Table Reservation-Based Algorithm reservationist reservationist reservationist reservationist Reservationists Reservationists Reservations Reservations Reservations Reservations Reservations on Hand Reservations, Understandings and Declarations Reservations/Booking Designator Reservative Reservatol Reservatol Reservatory Reservatory for Endangered Games Reservatrol Reservatrol reserve reserve reserve reserve reserve reserve reserve Reserve & Guard Logistic Operations-Streamline Reserve Account Reserve Accounts Reserve Act of 2003 Reserve Active Duty Automated Reporting System Reserve Active Duty Obligation Reserve Advisor Squadron Reserve Aerographer's Mate School Reserve Affairs reserve air reserve air Reserve Air Group reserve aircraft reserve aircraft Reserve Airlift Reserve Airlift Support Reserve and Training Command Reserve Antisubmarine Warfare Training Center Reserve army of labour reserve assets Reserve Assignment Channel Reserve Assignment Eligibility Reserve Assistance Program Reserve Associate Support Program Reserve Automated Medical Interim System Reserve Automated Personnel Identification System Reserve Auxiliary Payload reserve bank

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.