Balance Sheet Reserves
Also known as "claim reserves."
Balance sheet reserves are required of insurance companies by law to guarantee that an insurance company is able to pay any claims, losses or benefits promised to customers and claimants.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Balance sheet — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
reserves — Part of shareholders funds on a company s balance sheet. All parts of shareholders funds apart from share capital are reserves, such as the share premium account, the profit and loss account and the revaluation reserve. Dresdner Kleinwort… … Financial and business terms
Balance of payments — In economics, the balance of payments, (or BOP) measures the payments that flow between any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time period … Wikipedia
hidden reserves — /ˌhɪd(ə)n rɪ zʒmvz/ plural noun 1. reserves which are not easy to identify in the company’s balance sheet (reserves which are illegally kept hidden are called ‘secret reserves’) 2. illegal reserves which are not declared in the company’s balance… … Dictionary of banking and finance
discretionary reserves — balance sheet accounts representing temporary accumulations of earnings from the current year or the recent past. Bloomberg Financial Dictionary … Financial and business terms
Oil reserves in Iran — Iran s Oil and Gas Fields and Infrastructures Oil reserves in Iran, according to its government, rank third largest in the world at approximately 150 billion barrels (24×10^9 m3) as of 2007, although it ranks second if Canadian reserves of… … Wikipedia
Natural gas reserves in Iran — Iran Gas Fields Location Map … Wikipedia
Secondary Reserves — Assets that are invested in safe, marketable, short term securities such as Treasury bills when the demand for loans is low. Secondary reserves provide a supplemental measure of low risk liquidity. They earn interest and can be useful in… … Investment dictionary
Undisclosed Reserves — The unpublished or hidden reserves of a financial institution that may not appear on publicly available documents such as a balance sheet, but are nonetheless real assets, which are accepted as such by most banking institutions. Undisclosed… … Investment dictionary
secret reserves — /ˌsi:krət rɪ zɜ:vz/ plural noun reserves which are illegally kept hidden in a company’s balance sheet, as opposed to ‘hidden reserves’ which are simply not easy to identify … Dictionary of banking and finance