单词 | capital reserve |
释义 | capital reserve capital reserve noun [C, usually pl.]
(Accounting )
1 (also undistributable reserve, non-distributable reserve, both especially BrE) profits, such as the increased value of a building, etc., that a company keeps as part of its capital and which cannot be paid to shareholders: The profit on the sale of the shares was transferred to capital reserves. ⇨ RESERVE noun (3), RETAINED EARNINGS, REVENUE RESERVE
2 a supply of money that a company or an organization keeps for an expected future cost, such as repairing property or buying new equipment: We have built up capital reserves to replace the roof in five years' time. |
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