A fund or account set aside for major long-term investment projects or other anticipated expenses.
attaining the equipment required can drain the capital reserves of all but the biggest farmers
as modifier to make up this year's shortfall, the society has drawn from its capital reserve fund
Example sentencesExamples
- Smaller businesses operate on tighter operating profit margins with fewer capital reserves.
- Capital reserve funds have been used to replace C-Tran's oldest buses, provide passenger amenities and to build the necessary transit centers and park-and-ride facilities.
- The choices facing the council are to scrap its building plans, to go ahead using its capital reserves or to raise council tax.
- The remainder will be met from council capital reserves.
- Hospital chiefs have dipped into capital reserves to prop up an ailing bank balance.