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English definition of “reserve”

reserve

noun     /rɪˈzɜːv/
[C] a supply of something that you have available to use if you need to: You will need a reasonable reserve of cash to start the process . coal / oil / fuel reserves
in reserve kept in order to use later if needed : They do not have money in reserve like many of the bigger companies . Land should be kept in reserve at the airport for a second runway which could be built by the mid-2020s.
[C] (also reserve price) COMMERCE the lowest amount of money that the owner will accept for something that is being sold , especially at an auction : I set the reserve price at $50 in the hope that it would sell for much more.
reserves [plural] BANKING, FINANCE the amount of foreign currency or gold that a central bank has at a particular time : It has around 8bn dollars in foreign currency reserves. No country has limitless reserves of gold . ACCOUNTING money kept by a company for a particular use, for example , a future project or emergency : use/dip into reserves It became necessary for the company to dip into its reserves. cash / money reserves → See also bank reserves, capitalization of reserves, cash reserves, foreign exchange reserves, hidden reserves, legal reserves, proven reserves
(Definition of reserve noun from the Cambridge Business English Dictionary © Cambridge University Press)
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