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- legal reserve noun : the minimum amount of bank deposits or life insurance company assets required by law to be kept as reserveswww.merriam-webster.com/dictionary/legal%20reserve
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Legal reserve Definition & Meaning - Merriam-Webster
WEBJan 6, 2023 — The meaning of LEGAL RESERVE is the minimum amount of bank deposits or life insurance company assets required by law to be kept as reserves.
What is the legal reserve? - Payt Software
WEBWhat is the legal reserve? The legal reserve is part of a company’s equity that cannot be distributed to shareholders or used to offset any losses, for example. It is legally …
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An Explanation of the Legal Reserve System
WEBThis policy reserve (Legal Reserve) fund is a liability to the life insurance company. The fund is established as a way of determining or measuring the assets the company must …
LEGAL RESERVES | English meaning - Cambridge Dictionary
WEBthe smallest amount of money that financial organizations such as banks must keep to protect themselves against future financial losses, to pay legal fees, etc.: The company …
Statutory Reserves: Definition And Examples - Livewell
WEBFeb 2, 2024 — Statutory reserves are a type of financial reserve that companies are required by law to set aside to ensure their financial stability. These reserves serve as a buffer …
LEGAL RESERVE Definition & Meaning | Dictionary.com
WEBLegal reserve definition: the amount of cash assets that a bank, insurance company, etc., is required by law to set aside as reserves.. See examples of LEGAL RESERVE …
Reserve Requirements: Definition, History, and …
WEBMar 13, 2023 — Reserve requirements are the amount of funds that a bank holds in reserve to ensure that it is able to meet liabilities in case of sudden withdrawals. Reserve requirements are a tool used by...
legal reserve definition · LSData
WEBA legal reserve is a minimum amount of liquid assets that a bank or an insurance company must maintain by law to meet depositors' or claimants' demands. It is a …
Legal Reserve - FindLaw Dictionary of Legal Terms
WEBWhat is 'Legal Reserve'? Learn more about legal terms and the law at FindLaw.com.
What is LEGAL RESERVES? Definition of LEGAL RESERVES …
WEBDefinition of LEGAL RESERVES: Lawful, mandated minimum monetary amount a financial institution maintains as security. Cannot be used to pay depositors. Must …
LEGAL RESERVE definition and meaning | Collins English …
WEBLEGAL RESERVE definition: the funds that a bank , insurance company, etc. is required by law to maintain as... | Meaning, pronunciation, translations and examples.
Legal Reserve - TheFreeDictionary.com Legal Dictionary
WEBLegal Reserve. Liquid assets that life insurance companies are required by statute to set aside and maintain to assure payment of claims and benefits. In banking, that …
What is the effect of saying "we reserve our (client's) rights" when ...
WEBAug 2, 2015 — In communication between parties to a dispute, the phrase we reserve our client's rights is often included. I've only ever seen this used by solicitors acting for …
Legal Reserve | Encyclopedia.com
WEBLEGAL RESERVE. Liquid assets that life insurance companies are required by statute to set aside and maintain to assure payment of claims and benefits. In banking, that …
Statutory Reserves: Definition and Examples - Investopedia
WEBFeb 22, 2021 — Statutory reserves are the funds that state insurance regulators require the insurance companies operating in their state to maintain at any given time. The purpose …
Legal Reserves Definition - Law Insider
WEBLegal Reserves —In the normal course of business, the Company has been named, from time to time, as a defendant in legal and regulatory proceedings.
Reserve - FindLaw Dictionary of Legal Terms
WEBThe FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries. term: Reserve. reserve vt. …
An Explanation of the Legal Reserve Life Insurance System
WEBThe reserve liabilities are established as financial safeguards to ensure the company will have sufficient assets to pay its claims and other commitments when they fall due. Life …
What is Legal Reserve Ratio? Explain its components. - BYJU'S
WEBLegal Reserve Ratio has two components: Cash Reserve Ratio (CRR)-It refers to cash reserves of Commercial Banks with the Central Bank as a percentage of their deposits. …
Legal Reserves in Thailand - MPG
WEBMay 27, 2021 — What is a legal reserve? A legal reserve refers to the minimum amount of cash assets which a financial institution is legally required to hold in reserve accounts …
Reserve Accounting - What's It, Types, Example, Advantages
WEBJun 26, 2024 — Guide to what is Reserve Accounting. Here we explain its types, examples, advantages, disadvantages, and vs provisions accounting.
What is legal Reserve Ratio? Explain its components. - Toppr
WEBLegal reserve ratio refers to the minimum fraction of deposits which the banks are mandated to keep as cash themselves. The legal reserve ratio is fixed by central bank. …
LEGAL RESERVES definition | Cambridge English Dictionary
WEBthe smallest amount of money that financial organizations such as banks must keep to protect themselves against future financial losses, to pay legal fees, etc.: The company …
What's Next for the Regulatory Landscape Post-Chevron?
WEB1 day ago — In Loper and Corner Post, the Supreme Court has created a new framework for challenges to existing and developing regulatory landscape. First, in the 6-3 Loper …
Trump’s call for a bitcoin strategic reserve is a very bad idea
WEB2 days ago — At the end of July, Donald Trump called for the US to be “crypto capital of the planet” and a “bitcoin superpower”. As part of that, he promised to build a bitcoin …
Reserve Bank consults on non-core standards - Lexology
WEB22 hours ago — The Reserve Bank proposes that the structural and compositional requirements that apply to Group 3 deposit takers will be simpler (eg no requirement for …
Archers activate Matt Moore off injured reserve ahead of …
WEB22 hours ago — Utah Archers attackman Matt Moore is officially off of injured reserve ahead of Saturday’s semifinal against the Carolina Chaos. Moore makes his return ahead of …
COMMISSIONER GONZALES ANNOUNCES WEEKLY …
WEB22 hours ago — NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in …
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