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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.
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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 …
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 …
Reserve legal definition of Reserve - TheFreeDictionary.com …
WEBA legal reserve is a monetary account required by law to be established by insurance companies and banks as protection against losses.
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 | 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 …
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 …
Reserve Requirements: Definition, History, and Example
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 …
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 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
WEBlegal reserve: the minimum amount as determined by government standards of the deposits held by a bank or of the assets of a life insurance company required by law to …
reserve Definition, Meaning & Usage | Justia Legal Dictionary
WEBThe intentional retention of a right, power, or interest, often through a clear statement. The act of delaying a decision on a legal question. An item, resource, or amount stored and …
Reserves legal definition of reserves
WEBA legal reserve is a monetary account required by law to be established by insurance companies and banks as protection against losses.
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 …
Bank Reserves: Definition, Purpose, Types, and Requirements
WEBMar 9, 2024 · Bank reserves are the cash minimums that financial institutions must have on hand in order to meet central bank requirements. This is real paper money that must …
Legal Reserves Definition | Law Insider
WEBDefine Legal Reserves. means the legal reserve allocated in accordance with Applicable Law, if any.
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 …
Definition of RESERVE • Law Dictionary • TheLaw.com
WEBLegal definition for RESERVE: To make notice so as to retain the right to do something later, such as to set aside a judgment for the moment and potentially return to it in the …
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 …
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. …
New Supreme Court Decisions Help Restrict Federal …
WEB4 days ago · getty. The U.S. Supreme Court recently issued three major opinions that will rein in federal agencies’ ability to expand costly regulation based on an expansive …
SME definition - European Commission - Internal Market, Industry ...
WEBSmall and medium-sized enterprises (SMEs) are defined in the EU recommendation 2003/361 . The main factors determining whether an enterprise is an SME are. These …
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