RESERVE FUND • DICTIONARY ONE.COM • Definition of Reserve fund

"Reserve fund" Quotes from Famous Books

... savings banks are only a sort of reserve fund that is consumed as fast as it accumulates. These deposits are saved for old age, for sickness and accident, and for funeral expenses. The savings bank deposit is simply a piece of the loaf put back on the shelf to be eaten next day. No, labor consumes all of the total product ...

— The Iron Heel • Jack London

... he got ready to start, that we had taken gold dust enough to pay for our next cargo, even without drawing on our reserve fund, which was held subject to our ...

— The Gold Hunter's Adventures - Or, Life in Australia • William H. Thomes

... extinguish the equivalent fund, which was a charge on the public funds of L10,000 a year, since the junction of the debt of Scotland with that of England at the time of the Union. That would leave him L500,000; and that he thought the house should leave him as a reserve fund. The right lion, gentleman concluded by moving a vote of L9,200,000, to be raised by exchequer bills, for ...

— The History of England in Three Volumes, Vol.III. - From George III. to Victoria • E. Farr and E. H. Nolan

Words linked to "Reserve fund" : pool, stockpile, reserve account, backlog, allowance account, hidden reserve, valuation reserve, valuation account, allowance, reserve