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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 reserves
www.merriam-webster.com/dictionary/legal%20reserve - People also ask
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.
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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 …
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 used in …
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 definition in American English | 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 in …
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.
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 …
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 exist …
What is a legal reserve? What types are there? | Paytsoftware.com
WEBThe 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 mandated that companies with an …
Legal Reserve legal definition of Legal Reserve
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 …
Legal Reserve Definition & Meaning | YourDictionary
WEBLegal Reserve definition: The funds that a bank, insurance company, etc. is required by law to maintain as reserves.
Reserve - FindLaw Dictionary of Legal Terms
WEB1: a reserve allocated by a bank for the purpose of absorbing losses [a loan loss reserve] 2: an insurance company's reserve representing the discounted value of future …
What is the effect of saying "we reserve our ... - Law Stack …
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 a …
Reserve legal definition of Reserve - TheFreeDictionary.com …
WEBFunds set aside to cover future expenses, losses, or claims. To retain; to keep in store for future or special use; to postpone to a future time. A legal reserve is a monetary …
reserve Definition, Meaning & Usage | Justia Legal Dictionary
WEBThe act of delaying a decision on a legal question. An item, resource, or amount stored and ready for a future need. The act of keeping something in reserve. Funds kept …
Reserve Requirements: Definition, History, and Example
WEBMar 13, 2023 · Reserve requirements are the amount of cash that financial institutions must have, in their vaults or at the closest Federal Reserve bank, in line with deposits made …
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 reserve Definition | Law Insider
WEBLegal reserve means a reserve of fund balance as defined by the Governmental Accounting Standards Board (GASB) for encumbrances, or other funds not available for …
Reserve Definition & Meaning - Merriam-Webster
WEB3. : money kept in a separate account to meet future liabilities. — legal reserve. : the minimum amount as determined by government standards of the deposits held by a …
Legal Reserves Definition | Law Insider
WEBDefine Legal Reserves. means the legal reserve allocated in accordance with Applicable Law, if any.
Legal Reservations Definition: 709 Samples | Law Insider
WEBLegal Reservations means (a) the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court and principles of good faith and …
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 …
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WEBProject 2025 Snapshot. Proposals from Project 2025, discussed in detail throughout this guide, that they claim could be implemented through executive branch action alone — …
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