Reserve Asset
/ˈrɛzɜrv ˈæsɛt/
Definitions
- (n.) Assets held by a central bank or monetary authority that are readily available to meet balance of payments needs and stabilize the national currency.
The central bank increased its reserve assets to bolster confidence in the national currency.
Forms
- reserve asset
- reserve assets
Related terms
See also
Commentary
Reserve assets are critical in international finance law and monetary regulation; clear distinction from general assets is important in drafting financial regulations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.