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Reserve
(redirected from reserves for)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 0.01 sec.
Reserve
An accounting entry that properly reflects contingent liabilities.

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.

reserve
The funds that are earmarked by a firm from its retained earnings for future use, such as for the payment of likely-to-be-incurred bad debts. The existence of such a reserve informs readers of the firm's financial statements that at least a part of the retained earnings will not be available to the stockholders. See also allowance for doubtful accounts, reserve for contingencies.


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Determining the Need for an Operation Staff at the Federal Reserve Bank of New York and at the Board of Governors provide the Desk with estimates of the average supply of and demand for reserves for the current two-week reserve maintenance period (and two future periods), along with the daily estimates that underlie the averages for the current period.
For the eighth consecutive year, estimate of the proved reserves for the properties reviewed is within 5 percent of the internal estimate prepared by EOG when compared in total on a natural gas equivalent basis.
 
 
 
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