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reserve |
5 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Reserve \Re*serve"\, n. 1. (Finance) a That part of the assets of a bank or other financial institution specially kept in cash in a more or less liquid form as a reasonable provision for meeting all demands which may be made upon it specif.: b (Banking) Usually, the uninvested cash kept on hand for this purpose, called the {real reserve}. In Great Britain the ultimate real reserve is the gold kept on hand in the Bank of England, largely represented by the notes in hand in its own banking department; and any balance which a bank has with the Bank of England is a part of its reserve. In the United States the reserve of a national bank consists of the amount of lawful money it holds on hand against deposits, which is required by law to be not less than 15 per cent (--U. S. Rev. Stat. secs. 5191, 5192), three fifths of which the banks not in a reserve city (which see) may keep deposited as balances in national banks that are in reserve cities (--U. S. Rev. Stat. sec. 5192). c (Life Insurance) The amount of funds or assets necessary for a company to have at any given time to enable it with interest and premiums paid as they shall accure, to meet all claims on the insurance then in force as they would mature according to the particular mortality table accepted. The reserve is always reckoned as a liability, and is calculated on net premiums. It is theoretically the difference between the present value of the total insurance and the present value of the future premiums on the insurance. The reserve, being an amount for which another company could theoretically, afford to take over the insurance, is sometimes called the {reinsurance fund} or the {self-insurance fund}. For the first year upon any policy the net premium is called the {initial reserve}, and the balance left at the end of the year including interest is the {terminal reserve}. For subsequent years the initial reserve is the net premium, if any plus the terminal reserve of the previous year. The portion of the reserve to be absorbed from the initial reserve in any year in payment of losses is sometimes called the {insurance reserve}, and the terminal reserve is then called the {investment reserve}. 2. In exhibitions, a distinction which indicates that the recipient will get a prize if another should be disqualified. 3. (Calico Printing) A resist. 4. A preparation used on an object being electroplated to fix the limits of the deposit. 5. See {Army organization}, above. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Reserve \Re*serve"\ (r?-z?rv"), v. t. [imp. & p. p. {Reserved}. (z?rvd");p. pr & vb n. {Reserving}.] [F. r['e]server, L. reservare reservatum pref. re- re- + servare to keep See {Serve}.] 1. To keep back to retain; not to deliver, make over or disclose. ``I have reserved to myself nothing.'' --Shak. 2. Hence to keep in store for future or special use to withhold from present use for another purpose or time; to keep to retain. --Gen. xxvii. 35. Hast thou seen the treasures of the hail, which I have reserved against the time of trouble? --Job xxxviii 22,23. Reserve your kind looks and language for private hours. --Swift. 3. To make an exception of to except. [R.] From Webster's Revised Unabridged Dictionary (1913) [web1913]: Reserve \Re*serve"\, n. [F. r['e]serve.] 1. The act of reserving, or keeping back reservation. However any one may concur in the general scheme, it is still with certain reserves and deviations. --Addison. 2. That which is reserved, or kept back as for future use The virgins, besides the oil in their lamps, carried likewise a reserve in some other vessel for a continual supply. --Tillotson. 3. That which is excepted; exception. Each has some darling lust, which pleads for a reserve. --Rogers. 4. Restraint of freedom in words or actions; backwardness; caution in personal behavior. My soul, surprised, and from her sex disjoined, Left all reserve, and all the sex, behind. --Prior. The clergyman's shy and sensitive reserve had balked this scheme. --Hawthorne. 5. A tract of land reserved, or set apart, for a particular purpose; as the Connecticut Reserve in Ohio, originally set apart for the school fund of Connecticut; the Clergy Reserves in Canada, for the support of the clergy. 6. (Mil.) A body of troops in the rear of an army drawn up for battle, reserved to support the other lines as occasion may require; a force or body of troops kept for an exigency. 7. (Banking) Funds kept on hand to meet liabilities. {In reserve}, in keeping for other or future use in store; as he has large quantities of wheat in reserve; he has evidence or arguments in reserve. {Reserve air}. (Physiol.) Same as {Supplemental air}, under {Supplemental}. Syn: Reservation; retention; limitation; backwardness; reservedness; coldness; restraint; shyness; coyness; modesty. From WordNet r 1.6 [wn]: reserve adj 1: not engaged in military action [syn: {inactive}, {reserve(a)}] 2: kept in reserve especially for emergency use "a reserve supply of food"; "a spare tire"; "spare parts" [syn: {reserve(a)}, {spare}] n 1: formality and propriety of manner [syn: {modesty}] 2: something kept back or saved for future use or a special purpose [syn: {backlog}, {stockpile}] 3: an athlete who plays only when another member of the team drops out [syn: {substitute}] 4: a district that is reserved for particular purpose [syn: {reservation}] 5: armed forces that are not on active duty but can be called in an emergency [syn: {military reserve}] 6: the trait of being uncommunicative; not volunteering anything more than necessary [syn: {reticence}, {taciturnity}] v 1: hold back or set aside, esp. for future use or contingency: reserve: they held back their applause in anticipation. 2: give or assign a share of money or time to a particular person or cause "I will earmark this money for your research" [syn: {allow}, {appropriate}, {earmark}, {set aside}] 3: hold on to [syn: {retain}, {hold}] 4: obtain or arrange in advance: "We managed to reserve a table at Maxim's" 5: arrange for and reserve in advance; "reserve a seat on a flight"; "We booked tickets to the show"; "please hold a table at Maxim's" [syn: {hold}, {book}] From U.S. Gazetteer (1990) [gazetteer]: Reserve, KS (city, FIPS 59050) Location: 39.97729 N, 95.56543 W Population (1990): 108 (74 housing units) Area: 0.3 sq km (land), 0.0 sq km (water) Zip code(s): 66434 Reserve, LA (CDP, FIPS 64310) Location: 30.07544 N, 90.56056 W Population (1990): 8847 (3325 housing units) Area: 48.2 sq km (land), 3.1 sq km (water) Zip code(s): 70084 Reserve, MT Zip code(s): 59258 Reserve, NM (village, FIPS 62620) Location: 33.70844 N, 108.76117 W Population (1990): 319 (160 housing units) Area: 1.4 sq km (land), 0.0 sq km (water) Zip code(s): 87830 Reserve, WI (CDP, FIPS 67050) Location: 45.82834 N, 91.36012 W Population (1990): 371 (227 housing units) Area: 136.9 sq km (land), 1.8 sq km (water)
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