TeachMeFinance.com - explain reserve
reserve 'reserve' is an military term meaning '(DOD) 3. Portion of an appropriation or contract authorization held or set aside for future operations or contingencies and, in respect to which, administrative authorization to incur commitments or obligations has been withheld. See also operational reserve'.
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".