reserve fund
- noun
- /rɪˈzɜrv fʌnd/
- Specialized
- The best plan of all, experts say, is to have a reserve fund to cover about two months' office expenses.
Examples
-
If a reserve fund is impractical, a bank line of credit may be an alternative.
Academic text (1994) -
Boutros-Ghali also has asked for a $1 billion reserve fund for peacekeeping.
Academic text (1993) -
The state of reserve funds will determine how many "big ticket" items can be purchased.
Academic text (2015) -
Create reserve funds for a minimum of 5 percent of total allocation.
Academic text (2015) -
The capital reserve fund was tapped out.
Academic text (2004) -
More than 80 percent of its revenues go into a reserve fund estimated to reach tens of billions of dollars.
Academic text (2000) -
Interest on international loans had not been paid in months, reserve funds were depleted, inflation was out of control, and economic output was sinking.
Academic text (1996) -
Tax revenues dried up, and because the city did not have a reserve fund policy in place until June 2006, it was especially vulnerable to periods of reduced revenues.
Academic text (2018) -
Jim Orlow, an immigration lawyer in Philadelphia, had to drain his reserve fund between July and September, after tapping it only once in the past seven years.
Academic text (1994) -
The organization set aside a portion of its profits in a reserve fund to ensure it could handle unexpected expenses.
Synonyms
Money put aside, often in a bank, to use later or for emergencies
An amount of something kept for future use
A supply kept for future use, often in an emergency
A supply of things kept for future use
Money available to spend for a specific purpose
Money that a government, bank, or company keeps for future needs
A place a bank or company keeps money to pay future costs
Money set aside for a specific purpose by an organization or government
Extra money you keep for unexpected bills or emergencies
Antonyms
How Big
- Formal
- UK
- Specialized
- UK
Surface Forms
Morphology
The meaning of 'reserve fund' is directly derivable from combining 'reserve' (something kept for emergencies or special purposes) with 'fund' (a sum of money for a purpose). This noun–noun composition follows a common English pattern and is cross-linguistically familiar, so a B1 learner who knows both constituents will readily understand it.
Etymology
Reserve fund comes from the simple image of keeping money aside, like putting cash in a box for a rainy day. The word reserve means to keep back and fund means money, so a reserve fund is money saved 'for emergencies' or 'to pay big costs later'.