claims reserve — / kleɪmz rɪˌzɜ:v/ noun money set aside by an insurance company to meet costs of claims incurred but not yet settled … Dictionary of banking and finance
disputed claims reserve — USA An escrow or other segregated fund, carved out from the fund established under a confirmed (See confirmation) plan of reorganization to satisfy certain general unsecured claims of creditors against the debtor. The disputed claims reserve is… … Law dictionary
IBNR claims reserve — A reserve held by an insurance company for claims «incurred but not yet reported» … Big dictionary of business and management
loss claims reserve — See loss and loss expense reserve; reserve … Ballentine's law dictionary
reserve — re·serve 1 vt re·served, re·serv·ing: to keep back or set apart: as a: to keep (a right, power, or interest) esp. by express declaration all rights reserved compare waive b: to defer a determination of (a question of law) … Law dictionary
Reserve — Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which is… … The Collaborative International Dictionary of English
reserve — 1. verb To keep back, to retain, to keep in store for future or special use, and to retain or hold over to a future time. Commissioner of Internal Revenue v. Strong Mfg. Co., C.C.A.6,124 F.2d 360, 363. To set aside funds, usually for indefinite… … Black's law dictionary
reserve — Verb: To appropriate to a particular purpose. To exclude. To set aside. To set apart from that which has been granted. To make a reservation. Meigs v M Clung s Lessee (US) 9 Cranch 11, 17, 3 L Ed 639, 641. Noun: An organization of the Armed… … Ballentine's law dictionary
Reserve currency — A foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of inter governmental claims. The New York Times Financial Glossary * * * reserve currency reserve currency ➔ currency *… … Financial and business terms
reserve currency — A foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of intergovernmental claims. Bloomberg Financial Dictionary * * * reserve currency reserve currency ➔ currency * * *… … Financial and business terms
