reserving


reserving
Making a reservation. See reserve.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • Reserving — Reserve Re*serve (r? z?rv ), v. t. [imp. & p. p. {Reserved}. (z?rvd );p. pr. & vb. n. {Reserving}.] [F. r[ e]server, L. reservare, reservatum; pref. re re + servare to keep. See {Serve}.] 1. To keep back; to retain; not to deliver, make over, or… …   The Collaborative International Dictionary of English

  • reserving — re·serve || rɪ zÉœrv / zɜːv n. stock, supply; military force that is not on active duty but can be mobilized as needed; park, area of land set aside for a specific use; restraint, reticence, formality of behavior; supply of readily available… …   English contemporary dictionary

  • reserving — present part of reserve …   Useful english dictionary

  • reserving question in lower court — A fundamental condition of right to review; the raising of objections and the reservation of exceptions to rulings. 5 Am J2d A & E §§ 545 et seq. See reserved point …   Ballentine's law dictionary

  • Loss reserving — or Claims reserving refers to the calculation of the required reserve for a tranche of general insurance business. Typically, the claims reserves represent the money which should be held by the insurer so as to be able to meet all future claims… …   Wikipedia

  • Reservation (law) — A reservation in international law is a caveat to a state s acceptance of a treaty. By the 1969 Vienna Convention on the Law of Treaties (VCLT), a reservation is defined as a unilateral statement, however phrased or named, made by a State, when… …   Wikipedia

  • Incurred but not reported — (IBNR) is a term in common use in general insurance.When a policy of general insurance is written it will typically cover a 12 month period from inception of the policy. When the policy is sold, a premium is paid by the insured party to the… …   Wikipedia

  • Outstanding claims reserves — in general insurance are a type of technical reserve or accounting provision in the financial statements of an insurer. They seek to quantify the outstanding loss liabilities for insurance claims which have been reported and not yet settled… …   Wikipedia

  • Treaty — The first two pages of the Treaty of Brest Litovsk, in (left to right) German, Hungarian, Bulgarian, Ottoman Turkish and Russian A treaty is an express agreement under international law entered into by actors in international law, namely… …   Wikipedia

  • Stochastic modelling (insurance) — This page is concerned with the stochastic modelling as applied to the insurance industry. For other stochastic modelling applications, please see Monte Carlo method. For mathematical definition, please see Stochastic process.tochastic model… …   Wikipedia


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