Glossary entry

Portuguese term or phrase:

Reserva Técnica

English translation:

Technical provision

Added to glossary by Fabiana Mayumi Matsuda
Dec 2, 2010 14:31
13 yrs ago
12 viewers *
Portuguese term

Reserva Técnica

Portuguese to English Bus/Financial Finance (general)
Em Contabilidade, a Reserva é a parcela deduzida do lucro de uma empresa, sociedade ou entidade que se destina a um fim específico, como no caso das Reservas Técnicas das entidades dos ramos de seguros, capitalização e previdência que visam o aprovisionamento de valores considerados pelo Atuário como necessários e suficientes para o pagamento futuro das contingências que se apresentarem.

Proposed translations

+5
10 mins
Selected

Technical provision

You may also use "technical reserve", but that could imply that money has actually been set aside rather than dedicated to a specific purpose.
Peer comment(s):

agree Gilmar Fernandes : or technical allowance also
7 mins
Thank you for your comment
agree Marlene Curtis
12 mins
Obrigada
agree Claudio Mazotti
18 mins
Obrigada
agree Elizabeth Faracini
1 hr
Thank you
agree Paula Borges : ou simplesmente "provisions" mas é isto mesmo!
2 hrs
Obrigada
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Muito obrigada!"
4 mins

Reserve for Contingencies

reserve for contingencies
A part of retained earnings that are set aside for potential future losses. For example, a firm may establish a reserve account to cover the possibility of losing a lawsuit to which it is a party.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

Reserve for Contingencies
A company's retained earnings that are not reinvested but set aside to protect against future losses. A company may set up a reserve for contingencies when it is performing well to guard against the risk that it may eventually perform poorly. A reserve for contingencies allows a company to maintain its operations smoothly even when it has suffered an operating loss.
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search