legal reserve
noun
the amount of cash assets that a bank, insurance company, etc., is required by law to set aside as reserves.
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“Compliment” and “complement” had a shared meaning a long time ago, but today they are no longer interchangeable.
Origin of legal reserve
First recorded in 1920–25
Words nearby legal reserve
legal list, legal medicine, legal memory, legal pad, legal positivism, legal reserve, legal separation, legal tender, legal weight, legal-size, legalese
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020