reserve fund :

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reserve fund


  • n  funds taken out of earnings to provide for anticipated future payments
News & Articles

  • Hyatt Regency Chesapeake Bay resort dips into reserves to pay debt
    The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money.        
    June 12, 2013 - Baltimore Sun
  • Hyatt Regency Chesapeake dips into reserves to pay debt
    State-owned resort in Cambridge had projected shortfall The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money.        
    June 12, 2013 - Baltimore Sun
  • Ivory Coast cocoa reform reserve fund reaches 56 bln CFA
    ABIDJAN (Reuters) - Top cocoa grower Ivory Coast has paid 56 billion CFA francs into a reserve fund intended to protect against fluctuations in world cocoa prices as it introduces sector reforms, a government spokesman said. The West African nation abandoned a decade of sector liberalisation this season and sold forward the bulk of its 2012/13 harvest in order to guarantee a minimum price for ...
    June 7, 2013 - Reuters via Yahoo! News

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