Reserve capital

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Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2014 what is a meaning of reserve capital
please give some example

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Ankur Garg

Ankur Garg (Expert)
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15 August 2014 A type of account on a municipality's or company's balance sheet that is reserved for long-term capital investment projects or any other large and anticipated expense(s) that will be incurred in the future. This type of reserve fund is set aside to ensure that the company or municipality has adequate funding to at least partially finance the project.

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