legal reserve
Americannoun
Etymology
Origin of legal reserve
First recorded in 1920–25
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Lovejoy thought about the Brazilian law and realized that the legal reserve could provide a way to probe these questions.
From Nature • Apr. 17, 2013
Last week Bill Douglas declared that at the end of 1937 there were 308 legal reserve companies with aggregate assets of $26,249,049,219.
From Time Magazine Archive
At that time there were 138 legal reserve companies with aggregate assets of $2,924,253,848.
From Time Magazine Archive
Since the average legal reserve is approximately 10%, the "excess" will suffice for additional deposits up to ten times that surplus.
From Time Magazine Archive
XVIII, 393, 395, 447, 451, 491, 517, 529-44; bills of exchange as, 181-82, 444; legal reserve requirements, 175, n.,
From The Value of Money by Anderson, Benjamin M.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
