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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.
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 · 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 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 …
Definition of 'legal reserve' - Collins Online Dictionary
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.
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 - FindLaw Dictionary of Legal Terms
WEBWhat is 'Legal Reserve'? Learn more about legal terms and the law at FindLaw.com.
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 …
What are legal reserves? definition and meaning
WEBDefinition of legal reserves: Minimum amount of money that financial institutions such as banks, building societies, credit unions, and insurance companies are required by …
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 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 …
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 …
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 …
Legal Reserves Definition - Law Insider
WEBDefine Legal Reserves. means the legal reserve allocated in accordance with Applicable Law, if any.
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 Definition of reserve | The Global Legal Lexicon
WEBreserve. Definition for reserve. v. to keep for oneself a right or a portion of the real property when transferring (conveying) a parcel of real estate to another. Source or …
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 …
Balance Sheet Reserves: Definition, Types, and Example
WEBMay 27, 2021 · Balance sheet reserves, also known as claims reserves, are accounting entries that show money set aside to pay future obligations. Balance sheet …
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 …
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 …
réserve - French definitions, synonyms, pronunciation, examples
WEBcourant Faire, émettre des réserves sur (une opinion, etc.), ne pas donner son approbation pleine et entière. Les savants font de sérieuses réserves sur cette hypothèse. locution …
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