what is reserve fund ?
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Hey there !
A reserve fund is a savings account or other highly liquid asset set aside by an individual or business to meet any future costs or financial obligations, especially those arising unexpectedly. If the fund is set up to meet the costs of scheduled upgrades, less liquid assets may be used.
Hope it helps you !
A reserve fund is a savings account or other highly liquid asset set aside by an individual or business to meet any future costs or financial obligations, especially those arising unexpectedly. If the fund is set up to meet the costs of scheduled upgrades, less liquid assets may be used.
Hope it helps you !
neha4680:
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Answered by
10
h!!!
it means reserve the amount of which has been invested outside the business .
it means reserve the amount of which has been invested outside the business .
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