Library / English Dictionary |
VALUATION RESERVE
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
Synonyms:
allowance; allowance account; valuation account; valuation reserve
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("valuation reserve" is a kind of...):
reserve account; reserve fund (funds taken out of earnings to provide for anticipated future payments)