meaning of capital reserve

capital reserve meaning in Law Dictionary

The Board has the obligation to correct and replace significant capital facilities, buildings, and equipment regarding the association.

capital reserve meaning in Business Dictionary

a reference developed by the gathered capital excess (maybe not revenue excess) of a business, particularly by an upward revaluation of their possessions to reflect their particular economy value after appreciation. Allocating such sums to money book means they are permanently spent and will not be paid as dividends.