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Glossary   >   R   >   "Reserve" Definition            Reserve An accounting entry that properly reflects contingent liabilities. The sum set aside by an insurance company as a liability to fulfil future obligations. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Reserve \ An accounting entry that properly reflects contingent liabilities.

The sum set aside by an insurance company as a liability to fulfil future obligations.