Vocabulary : Reservatory to Reservor
Reservatory : A place in which things are reserved or kept.Reserve : That part of the assets of a bank or other financial institution specially kept in cash in a more or less liquid form as a reasonable provision for meeting all demands which may be made upon it; ;; Usually, the uninvested cash kept on hand for this purpose, called the real reserve. In Great Britain the ultimate real reserve is the gold kept on hand in the Bank of England, largely represented by the notes in hand in its own banking department; and any balance which a bank has with the Bank of England is a part of its reserve. In the United States the reserve of a national bank consists of the amount of lawful money it holds on hand against deposits, which is required by law to be not less than 15 per cent (U. S. Rev. Stat. secs. 5191, 5192), three fifths of which the banks not in a reserve city (which see) may keep deposited as balances in national banks that are in reserve cities (U. S. Rev. Stat. sec. 5192). ;; The amount of funds or assets necessary for a company to have at any given time to enable it, with
Reserve city : In the national banking system of the United States, any of certain cities in which the national banks are required (U. S. Rev. Stat. sec. 5191) to keep a larger reserve (25 per cent) than the minimum (15 per cent) required of all other banks. The banks in certain of the reserve cities (specifically called central reserve cities) are required to keep their reserve on hand in cash; banks in other reserve cities may keep half of their reserve as deposits in these banks (U. S. Rev. Stat. sec. 5195).
Reserved : of Reserve ;; Kept for future or special use, or for an exigency; as, reserved troops; a reserved seat in a theater. ;; Restrained from freedom in words or actions; backward, or cautious, in communicating one's thoughts and feelings; not free or frank.
Reservee : One to, or for, whom anything is reserved; -- contrasted with reservor.
