| 单词 | legal reserves |
| 释义 | legal reserves noun[plural] FINANCE,LAWukusthesmallestamountofmoneythatfinancialorganizationssuch asbanksmustkeeptoprotectthemselves againstfuturefinanciallosses, topaylegalfees, etc.: Thecompanywillincreaseitslegalreservesby afurther$4.95bn tocoverthecostoflitigationsurroundingitsrolein thedispute. Examplesoflegal reserveslegal reserves The deal removes a measure of uncertainty that has lingered over the company'slegalreservesover the past four years. FromTIME That was up from a possible loss abovelegalreservesof $2.8 billion at the end of the third quarter. FromCNBC Other banks might count as part of theirlegalreservestheir deposits in reserve city banks, up to a certain proportion. FromProject Gutenberg In what way the fact that most kinds of money can serve aslegalreservesgives reason for the doctrine of fixed proportions is not made clear. FromProject Gutenberg These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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