| 释义 |
reserve account
Thesaurus| Noun | 1. | reserve account - funds taken out of earnings to provide for anticipated future paymentsreserve fundstockpile, reserve, backlog - something kept back or saved for future use or a special purposehidden reserve - reserves that do not show up on the balance sheet (as by understating values)pool - any communal combination of funds; "everyone contributed to the pool"allowance account, valuation account, valuation reserve, allowance - a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets |
Reserve account
Reserve accountA separate amount of cash or letter of credit to service a payment requirement such as debt service or maintenance.Allowance for Doubtful AccountsExtra funds from sales, or another source, set aside in order to pay off bad debt if and when it arises. The allowance helps a company ward off any potential cash flow problems should its credit sales not be repaid as expected. On financial statements, it is important to note that an allowance for bad debts exists for fiscal conservatism and not because one expects a large amount of bad debt to accumulate. An allowance for doubtful accounts is also called a cushion. Banks call these funds the loan loss reserve. See also: Savings account.reserve account
Synonyms for reserve accountnoun funds taken out of earnings to provide for anticipated future paymentsSynonymsRelated Words- stockpile
- reserve
- backlog
- hidden reserve
- pool
- allowance account
- valuation account
- valuation reserve
- allowance
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