secret reserve

noun

Definition of secret reserve

: an amount by which stated net worth is reduced by understatement of asset values or overstatement of liabilities

called also hidden reserve

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Learn More About secret reserve

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Cite this Entry

“Secret reserve.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/secret%20reserve. Accessed 21 Sep. 2021.

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