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legal reserve

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legal reserve

 
Use legal reserve in a Sentence
–noun
the amount of cash assets that a bank, insurance company, etc., is required by law to set aside as reserves.
Origin:
1920–25
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Lawyer
SoCal licensed Attorney directory by Specialty. Free Consultations.
HandelontheLaw.com
Westlake Village, CA
Law Offices of Carolyn C. Phillips "Every Case has a Winning Strategy"
carolynphillipslaw.com
legal reserve  
n.  The sum of money that a bank or an insurance company is required by law to set aside as security.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: legal reserve
see RESERVE
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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