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.
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AStockton-based consultant has received royal recognition for his exemplary service to the Voluntary Reserves.
Kay, consultant in emergency medicine at North Tees andHartlepoolNHS Foundation Trust, said: "The desire to care for people when they need it most motivated me to become a consultant and it led to me serving in the Voluntary Reserves for the past 20 years.
Taking into account these voluntary reserves, reserve coverage was 147.1% of nonperforming loans.
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.
According to prosecutors, the bank recorded 616.5 billion yen in bad loans as a loss in its financial statement for fiscal 1997 and used 271.6 billion yen out of its 317.6 billion yen in voluntary reserves to make up for the reported loss.
* Voluntary reserves under IRC section 809 (mutual life insurance companies only)
We estimate Banco del Estado de Chile (Banco Estado) had the largest requirements, but had approximately USD370m in voluntary reserves for mortgages to meet the higher charges.
Mr Price, from Bridgend, was retired but was part of the RAF's voluntary reserves and Mr Morgan, from the Vale of Glamorgan, was a serving Flying Officer.
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