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Noun reserve fund has 1 sense
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Definitions from the WebReserve FundDefinition:A reserve fund refers to a sum of money that is set aside for future needs or emergencies, typically by an organization or a community. It serves as a financial safety net, providing a cushion for unexpected expenses or planned future expenditures. Examples:Example 1: Noun – Organizational Reserve FundThe company established a reserve fund to cover any unexpected maintenance costs for their aging equipment. Example 2: Noun – Community Reserve FundThe homeowners' association collected monthly dues to build up a reserve fund for community repairs. Example 3: Noun – Financial Reserve FundThe government allocated a portion of the budget to create a reserve fund for economic downturns. Example 4: Adjective – Reserve Fund AllocationThe city council approved a reserve fund allocation to support the local schools' infrastructure upgrades. Example 5: Verb – Reserve FundsIt is wise to reserve funds for unexpected medical expenses. Related Products:Find books and resources about reserve funds on Amazon. | ||||||
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