Liquid Funds or strategic Commodities held by a central bank, government, financial institution or corporation and saved for use in specific circumstances. Many central banks store reserves in various currencies for intervening in the forex market to defend or soften their nation's currency.
Browse by Subjects
post acquisition profit
discount rate
net asset value
sums chargeable to the reserve
See All Related Terms »

private income
accrual basis accounting
Black Thursday
charge card