What is another word for reserve account?

Pronunciation: [ɹɪsˈɜːv ɐkˈa͡ʊnt] (IPA)

A reserve account is also known as an emergency fund, sinking fund, or contingency fund. It is a separate account set up to cover unexpected expenses or future liabilities. Some other synonyms for this term are rainy-day fund, safety net, provision for the future, backup finances, cushion fund, and nest egg. These terms all suggest the idea of setting aside money for a specific purpose, whether it's for a future expense or to protect against unforeseen circumstances. A reserve account can be used for personal finances or for a business, and having one can offer peace of mind and financial stability in uncertain times.

Synonyms for Reserve account:

What are the hypernyms for Reserve account?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Reserve account?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Related words: bank reserve account, reserve account no, bank reserve balance, reserve account definition, personal reserve account, reserve current account, bank reserve account meaning, bank reserve account india

Related questions:

  • What is a personal reserve account?
  • What is the definition of a bank reserve account?
  • What is the balance on a bank reserve account?
  • Word of the Day

    Fippenny bit
    "Fippenny bit" is a term used in British English to describe a small, old-fashioned coin worth two pennies. As "fippenny bit" is a relatively uncommon word, there are not many anto...