7. (Banking)
Defn: Funds kept on hand to meet liabilities. In reserve, in keeping for other or future use; in store; as, he has large quantities of wheat in reserve; he has evidence or arguments in reserve. — Reserve air. (Physiol.) Same as Supplemental air, under Supplemental.
Syn. — Reservation; retention; limitation; backwardness; reservedness; coldness; restraint; shyness; coyness; modesty.
RESERVE CITY
Reserve city. (Banking)
Defn: In the national banking system of the United States, any of certain cities in which the national banks are required (U. S. Rev. Stat. sec. 5191) to keep a larger reserve (25 per cent) than the minimum (15 per cent) required of all other banks. The banks in certain of the reserve cities (specifically called central reserve cities) are required to keep their reserve on hand in cash; banks in other reserve cities may keep half of their reserve as deposits in these banks (U. S. Rev. Stat. sec. 5195).
RESERVED
Re*served" (-zrvd"), a.
1. Kept for future or special use, or for an exigency; as, reserved troops; a reserved seat in a theater.
2. Restrained from freedom in words or actions; backward, or cautious, in communicating one's thoughts and feelings; not free or frank. To all obliging, yet reserved to all. Walsh. Nothing reserved or sullen was to see. Dryden. — Re*serv"ed*ly (r, adv. — Re*serv"ed*ness, n.
RESERVEE
Res`er*vee" (rz`r-v"), n.
Defn: One to, or for, whom anything is reserved; — contrasted with reservor.