Voluntary Reserve

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Voluntary Reserve

Money or other liquid assets a bank or insurance company puts aside over and above what regulators require. The voluntary reserve may exist to pay unforeseen liabilities or to make the bank or insurance company more fiscally sound. However, a company may keep a voluntary reserve to pay for expected, future liabilities such as dividends. The voluntary reserve is listed as a liability on the company's balance sheet.
References in periodicals archive ?
The capital was increased from capitalisation of voluntary reserves and retained earnings, as agreed by the owners, the company said.
The increase comes from the voluntary reserves and retained earnings the bank stated.
Mr Price, from Bridgend, was retired but was part of the RAF's voluntary reserves and Mr Marsh, from the Vale of Glamorgan, was a serving Flying Officer.
He then went on to work as an apprentice at the Coventry Daimler factory and in 1938 joined RAF voluntary reserves and began flying from Ansty.
The following recounts the history of local attempts to increase protection for bottomfish and killer whales by implementation of voluntary reserves.
6 billion yen in voluntary reserves to make up for the reported loss.
Voluntary reserves under IRC section 809 (mutual life insurance companies only)
These voluntary reserves add up to the CLP19 billion of generic reserves it already had at Dec.
25 billion voluntary reserves that will have to be recorded as income in 2001.
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