Voluntary Reserve


Definition of "Voluntary reserve"

Cherie & Scott Goldsmith
  Homestead Realty

Amount established by an insurance company, but not required by state law, for any of a number of reasons, such as a reserve for payment of future dividends. A voluntary reserve is likely to appear as a liability on the company's balance sheet. Contrast with statutory reserves.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ