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Definition of "reserve fund" [reserve fund]

  • Funds taken out of earnings to provide for anticipated future payments (noun)

WordNet. Princeton University. 2010.

Use "reserve fund" in a sentence
  • "By curtailing expenditure and enlarging the revenues, chiefly by working the salt-mines himself and by increasing the taxes without regard to the complaints of the powerless estates, the finances were not only brought into a better condition, but it was also possible to collect a reserve fund which, in spite of the unusually difficult conditions of the age, was never quite exhausted."