reserve fund
[rɪˈzɜrvz fʌnd]
nounpl: reserve funds
fundo de reserva
1. Money set aside by a company, organization, or government for future use or emergencies
The company maintained a reserve fund to cover unexpected expenses.
A empresa mantinha um fundo de reserva para cobrir despesas inesperadas.
2. Financial resources kept in reserve as a contingency or buffer against financial difficulties
The bank's reserve fund was crucial during the economic crisis.
O fundo de reserva do banco foi crucial durante a crise econômica.
3. In investment, a portion of profits retained rather than distributed as dividends
The corporation allocated 10% of profits to its reserve fund.
A corporação alocou 10% dos lucros ao seu fundo de reserva.
In Brazil, reserve funds are regulated by law (Lei das Sociedades Anônimas). Companies are required to maintain a legal reserve fund (reserva legal) representing at least 5% of annual net profits. This concept is fundamental to Brazilian corporate governance and financial stability practices.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →