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Term of the Day
reserve fund
National Pensions Reserve Fund
free asset ratio (FAR)
Definition
noun
profits
in a
business
which have not been
paid
out as
dividend
but have been ploughed
back
into the business
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Popular 'Banking' Terms
negotiable
letter of credit
bank draft
bank
commercial bank
account
overdraft protection
compound interest
overdraft
lockbox
Related Terms
National Pensions Reserve Fund
National Social Security Fund
free asset ratio (FAR)
liquidity cushion
Mentioned in these terms
National Pensions Reserve Fund
replacement reserve fund
State General Reserve Fund
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