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Từ vựng:

legal reserve

Giải nghĩa:

/liːɡəl ˈrɛzɪdəns/ – Phrase


Definition: dự trữ pháp định (của ngân hàng).

A more thorough explanation: the amount of money that a bank or an insurance company is required under law to set aside as reserves or as security

Example: The company set aside a legal reserve to cover any potential litigation costs that may arise in the future.

 

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