Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “proven reserves”

proven reserves

noun [plural]
 
 
(also proved reserves)
NATURAL RESOURCES the amount of gas or oil that is known to exist under the surface of the earth or under the sea and that is available for future use: In 2007, Canada had an estimated 179 billion barrels of proven reserves, second only to Saudi Arabia's 262 billion barrels.
(Definition of proven reserves from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of proven reserves?
Add Cambridge dictionaries to your browser to your website

Word of the Day

flair

natural ability to do something well

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More