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Reserve
Reserve or reserves may refer to: Places * Reserve, Kansas, a US city * Reserve, Louisiana, a census-designated place in St. John the Baptist Parish * Reserve, Montana, a census-designated place in Sheridan County * Reserve, New Mexico, a US village * Reserve, Wisconsin, a census-designated place in the town of Couderay * Reserve Mines, a community in Cape Breton Regional Municipality, Nova Scotia, Canada Auctions * Auction reserve, a minimum amount of money bid required for a sale, e.g., in an English auction * No-reserve auction (NR), also known as an absolute auction, an auction in which the item for sale will be sold regardless of price Economics and finance * Reserve (accounting), any part of shareholders' equity, except for basic share capital * Actuarial reserves, a liability equal to the present value of the future expected cash flows of a contingent event * Bank reserves, holdings of deposits in central banks plus currency that is physically held in bank vaults * Forei ...
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Foreign-exchange Reserves
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them actually leaving ...
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Reserve Study
A reserve study is a long-term capital budget planning tool which identifies the current status of the reserve fund and a stable and equitable funding plan to offset ongoing deterioration, resulting in sufficient funds when those anticipated major common area expenditures actually occur. The reserve study consists of two parts: the physical analysis and the financial analysis. This document is often prepared by an outside independent consultant for the benefit of administrators ( Board of Directors or Strata Council Members) of a property with multiple owners, such as a condominium association or homeowners' association (HOA), strata, containing an assessment of the state of the commonly owned property components as determined by the particular association's covenants, conditions, and restrictions (CC&Rs) and bylaws. Reserve studies however are not limited only to condominiums and can be created for any "common interest community" (CIC) properties such as resort ( shared vacation ...
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Nature Reserve
A nature reserve (also known as a wildlife refuge, wildlife sanctuary, biosphere reserve or bioreserve, natural or nature preserve, or nature conservation area) is a protected area of importance for flora, fauna, or features of geological or other special interest, which is reserved and managed for purposes of conservation and to provide special opportunities for study or research. They may be designated by government institutions in some countries, or by private landowners, such as charities and research institutions. Nature reserves fall into different IUCN categories depending on the level of protection afforded by local laws. Normally it is more strictly protected than a nature park. Various jurisdictions may use other terminology, such as ecological protection area or private protected area in legislation and in official titles of the reserves. History Cultural practices that roughly equate to the establishment and maintenance of reserved areas for animals date bac ...
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Reserve Currency
A reserve currency (or anchor currency) is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. The reserve currency can be used in international transactions, international investments and all aspects of the global economy. It is often considered a hard currency or safe-haven currency. The United Kingdom's pound sterling was the primary reserve currency of much of the world in the 19th century and first half of the 20th century. However, by the middle of the 20th century, the United States dollar had become the world's dominant reserve currency. The world's need for dollars has allowed the United States government to borrow at lower costs, giving the United States an advantage in excess of US$100 billion per year. History Reserve currencies have come and gone with the evolution of the world’s geopolitical order. International currencies in the past have (excluding those discusse ...
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Military Reserve Force
A military reserve force is a military organization whose members have military and civilian occupations. They are not normally kept under arms, and their main role is to be available when their military requires additional manpower. Reserve forces are generally considered part of a permanent standing body of armed forces, and allow a nation to reduce its peacetime military expenditures and maintain a force prepared for war. In countries with a volunteer military, such as Canada, Spain, the United States and the United Kingdom, reserve forces are civilians who maintain military skills by training periodically (typically one weekend per month). They may do so as individuals or as members of standing reserve regiments—for example, the UK's Army Reserve (United Kingdom), Army Reserve. A militia, home guard, State defense force, state guard or state military may constitute part of a military reserve force, such as the National Guard (United States), United States National Guard a ...
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Indian Reserve
In Canada, an Indian reserve (french: réserve indienne) is specified by the '' Indian Act'' as a "tract of land, the legal title to which is vested in Her Majesty, that has been set apart by Her Majesty for the use and benefit of a band." Indian reserves are the areas set aside for First Nations, an indigenous Canadian group, after a contract with the Canadian state ("the Crown"), and are not to be confused with land claims areas, which involve all of that First Nations' traditional lands: a much larger territory than any reserve. Demographics A single "band" (First Nations government) may control one reserve or several, while other reserves are shared between multiple bands. In 2003, the Department of Indian and Northern Affairs stated there were 2,300 reserves in Canada, comprising . According to Statistics Canada in 2011, there are more than 600 First Nations/Indian bands in Canada and 3,100 Indian reserves across Canada. Examples include the Driftpile First Nation, wh ...
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Reserve Team
In sports, a reserve team is a team composed of players under contract to a club but who do not normally play in matches for the first team. Reserve teams often include back-up players from the first team, young players who need playing time to improve their skills, as well as members of the first team recovering from injury. In some countries, reserve or development teams compete in entirely separate competitions from first teams, while some countries allow reserve teams or farm teams to compete in the same league system as their club's first team, although usually in separate divisions. In association football Reserve teams usually consist of a combination of emerging youth players and first-team squad players. These teams are distinct from a club's youth team, which usually consists of players under a certain age and plays in an age-specific league. In England, Argentina and the United States the term ''reserve'' is commonly used to describe these teams. In Germany and Austria ...
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Bank Reserves
Bank reserves are a commercial bank's cash holdings physically held by the bank, and deposits held in the bank's account with the central bank. Under the fractional-reserve banking system used in most countries, central banks typically set minimum reserve requirements that require commercial banks under its purview to hold cash or deposits at the central bank equivalent to at least a prescribed percentage of their liabilities, such as customer deposits. Such sums are usually termed required reserves, and any funds above the required amount are called excess reserves. These reserves are prescribed to ensure that, in the normal events, there is sufficient liquidity in the banking system to provide funds to bank customers wishing to withdraw cash. Even when there are no reserve requirements, banks often as a matter of prudent management hold reserves in case of unexpected events, such as unusually large net withdrawals by customers (such as before Christmas) or bank runs. In general ...
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Reserve Clause
The reserve clause, in North American professional sports, was part of a player contract which stated that the rights to players were retained by the team upon the contract's expiration. Players under these contracts were not free to enter into another contract with another team. Once signed to a contract, players could, at the team's whim, be reassigned, traded, sold, or released. The only negotiating leverage of most players was to hold out at contract time and to refuse to play unless their conditions were met. Players were bound to negotiate a new contract to play another year for the same team or to ask to be released or traded. They had no freedom to change teams unless they were given an unconditional release. In the days of the reserve clause, that was the only way a player could be a free agent. Once common in sports, the clause was abolished in baseball in 1975. The reserve clause system has, for the most part, been replaced by free agency. Baseball history In the late ...
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Aboriginal Reserve
An Aboriginal reserve, also called simply reserve, was a government-sanctioned settlement for Aboriginal Australians, created under various state and federal legislation. Along with missions and other institutions, they were used from the 19th century to the 1960s to keep Aboriginal people separate from the white Australian population, for various reasons perceived by the government of the day. The Aboriginal reserve laws gave governments much power over all aspects of Aboriginal people’s lives. Protectors of Aborigines and (later) Aboriginal Protection Boards were appointed to look after the interests of the Aboriginal people. History Aboriginal reserves were used from the nineteenth century to keep Aboriginal people separate from the white Australian population, often ostensibly for their protection. Protectors of Aborigines had been appointed from as early as 1836 in South Australia (with Matthew Moorhouse as the first permanent appointment as Chief Protector in 1839), wit ...
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Urban Indian Reserve
An urban Indian reserve (french: réserve indienne urbaine) is land that the Government of Canada has designated as a First Nations reserve that is situated within an urban area. Such lands allow for aboriginal commercial ventures which enjoy the tax exemptions offered to traditional reserves. They may be located within either a municipality or, in the case of Saskatchewan, a Northern Administration District. An urban reserve may result from either encroachment of a municipal area into existing reserve lands, or from the designation of land in an existing urban territory. Some commercial urban reserves exist as satellites to rural reserves. It has been suggested that the generated revenue will help maintain the economic well-being of the associated rural community. History The first such reserve was established in 1981 at Kylemore, Saskatchewan as operated by the Fishing Lake First Nation (Treaty 4). Another urban reserve under the Peter Ballantyne Cree Nation (Treaty 6 ...
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Military Reserve
A military reserve, active reserve, reserve formation, or simply reserve, is a group of military personnel or units that is initially not committed to a battle by its commander, so that it remains available to address unforeseen situations or exploit sudden opportunities. Such a force may be held back to defend against attack from other enemy forces, to be committed to the existing battle if the enemy exposes a vulnerability, or to serve as relief for troops already fighting. Some of the different categories of military reserves are: tactical reserve, operational reserve, and strategic reserve. A military reserve is different from a military reserve force, which is a military organization composed of military personnel who maintain their military skills and readiness in a long-term part-time commitment to support their country if needed. Military reserve refers to specific trained pre-organized forces operating on an on-call basis from the main military force. Each member acts in ...
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