reserves
Definition 1
General: Funds or material set aside or saved for future use.
Definition 2
Accounting: (1) Net worth of a firm over the amount realized from issuance of stock (shares) and arising from retained profits, revaluation of assets, and other surplus sums. (2) Part of retained earnings set aside for a specified purpose and, hence, unavailable for disbursement as dividends.
Definition 3
Banking: Funds set aside for (1) day to day operations (called primary reserves), or (2) meeting emergency liquidity requirements (called secondary reserves).
Definition 4
Energy industries: Computed or estimated quantity of hydrocarbons or minerals that can be extracted from known fields at an economical cost. The major classifications of reserves according to the level of confidence in the estimate are: (1) Proven: Extensively sampled reserved estimated from seismic data and exploratory holes drilled. (2) Recoverable: Estimated from reservoir pressure and density of strata. (3) Probable: Rough estimate of quantity and quality of the item. Also called indicated reserves. (4) Possible: Estimate based on unverified existence. Also called inferred reserves.
email to a friend
print this definition
cite this definition
link to this page
reserves is in the Accounting & Auditing, Banking, Commerce & Finance, Economics, Politics, & Society and Planning & Scheduling subjects.
reserves appears in the definitions of the following terms:
external financing,
institutional investors,
cash capability,
probable reserves,
reserve for bad debt,
money supply,
protest,
depletion accounting,
gold standard,
financial mechanism
and
reserves appears in these other terms: primary reserves, replacement reserves, legal reserves, proved reserves, statutory reserves, proved developed reserves (PDR), total reserves, excess reserves, secondary reserves, energy reserves and
This content can be found on the following page:
http://www.businessdictionary.com/definition/reserves.html







