Meaning Of The Word Legal reserve

Real Dictionary

What's the definition of Legal reserve? Find Legal reserve meanings, definitions and more at the Real Dictionary online.

Legal reserve Meaning

Legal reserve Definition
Legal reserve Definition

What's The Definition Of Legal reserve?

legal reserve in American English
the funds that a bank, insurance company, etc. is required by law to maintain as reserves
noun: the amount of cash assets that a bank, insurance company, etc., is required by law to set aside as reserves

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