Why does General Reserve matter?

Signals retained strength beyond the minimum required.

What is a common mistake with General Reserve?

Throwing around “General Reserve” without the simple meaning.

Lesson60 seconds

A general reserve is a revenue reserve created by transferring profits without earmarking a specific liability, strengthening equity and prudence.

A free reserve set aside from profits for unspecified future needs.

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A general reserve is a created by transferring profits without earmarking a specific liability, strengthening and prudence.

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Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.

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