Undistributable reserve
Undistributable reserve
See Capital reserve.
References in periodicals archive
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5 where the remaining profit would go to undistributable reserve.
5 where the remaining profit is taken to undistributable reserve.
Mr Williams said, 'Since 1990 there has been a 300% increase in the Prince of Wales' income, represented in bank terms as pounds 82m over that time, in addition to which he receive another pounds 3m slipped from the undistributable reserves.
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