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Browse dictionary by letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Glossary Term: RESERVES

Definition(s) for RESERVES:


1. ) Funds set aside by depository institutions to meet reserve requirements. For member banks, reserve requirements are satisfied with holdings of vault cash and/or balances at the Federal Reserve Banks. Depository institutions that are not members of the Federal Reserve System may hold their reserves in the same manner, or they may pass the reserve balances through a correspondent institution to the Federal Reserve Banks.

2. ) A depository institution's vault cash (up to the level of its required reserves) plus balances in its reserve account (not including funds applied to its required clearing balance)

3. ) The economically mineable part of a measured or indicated mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified. A reserve includes diluting materials and allowances for losses that may occur when the material is mined.


See Also:
LIQUIDITY RESERVES, PRIMARY RESERVES, BORROWED RESERVES, DISCRETIONARY RESERVES, EXCESS RESERVES, EXCESS RESERVES, OFFICIAL RESERVES, REQUIRED RESERVES, CASH RESERVES, SHORT-TERM RESERVES, BORROWED RESERVES, REQUIRED RESERVES, EXCESS RESERVES, CASH RESERVES, PROVED OIL AND GAS RESERVES, PROVEN (MEASURED) RESERVES, PROBABLE (INDICATED) RESERVES


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