单词 | reserve |
释义 | 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) the justices reserved the question because it was not an issue in the case reserve 2 n 1: something stored or kept available for future use an energy company with various unproven oil ~ s 2: an act of reserving 3: money kept in a separate account to meet future liabilities legal reserve: the minimum amount as determined by government standards of the deposits held by a bank or of the assets of a life insurance company required by law to be kept as reserves loss reserve 1: a reserve allocated by a bank for the purpose of absorbing losses a loan loss reserve 2: an insurance company's reserve representing the discounted value of future payments to be made on losses which may have already occurred policy reserve: an insurance company's reserve representing the difference in value between the net premiums and assumed claims for a given year in life insurance unearned premium reserve: a reserve of funds which represents premiums paid to an insurance company but not yet applied to policy coverage and from which a policyholder is paid a refund in the event of cancellation prior to the period for which premiums have been paid 4: reserve price with reserve: with a reserve price and with a seller reserving the right to reject all bids ◇ A sale at auction is with reserve if there is no explicit indication to the contrary. without reserve: without a reserve price and with the seller bound to accept the highest bid |
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