yedek fon

Turkish - English

Definition of yedek fon in Turkish English dictionary

(Ticaret) reserve fund

Monies set aside as a cushion of capital for future payment of items such as taxes, insurance, furniture replacement, deferred maintenance, etc ; sometimes referred to as an impound account

Funds set aside by homeowners' organizations to pay for any major future repair or improvement

– accumulation of all revenues of the SSS that are not needed to meet the current benefit obligations, administrative and operational expenses

A pool of money held for use for future contingencies, usually in the management of a building, condominium corporation or cooperative unit

funds taken out of earnings to provide for anticipated future payments

A fund established under the Indenture to meet expense or debt service payment shortfalls

Money set aside by a homeowners’ association for major repairs or improvements

Money set aside for future major repairs and replacements of the common property that is separate from money used for operations

an account maintained to provide funds for anticipated expenditures required to maintain a building A reserve may be required by a lender in the form of an escrow to pay upcoming taxes and insurance costs A replacement reserve may be maintained to provide for replacement cost of short-lived components, such as carpets, heating equipment or roofing Deposit of money into such a fund does not achieve a tax deduction

All homeowners associations set aside a certain amount of money for major repairs or improvements

See: DEBT SERVICE RESERVE FUND

part of a profit balance that is not divided among stockholders but is deposited into the bank for a specific purpose

Monies set aside by the board either through the "enveloping requirements" or for a general or specific purpose

A fund which planned gifts officers and their committees and supervisors can use to assist in closing planned gifts Topic areas: Fundraising and Financial Sustainability

Assets set aside for the purpose of ensuring that the General Board can pay its obligations to its participants For example, the reserve helps the General Board pay the base interest credit during periods when financial markets produce an insufficient rate of return

– A fund (funded from securities proceeds, pledged revenues, or otherwise) usually held by the Trustee under the Indenture, and maintained in a stated or determinable amount sufficient to cover some unusual operation or maintenance expense or some interruption of Pledged Revenues See Debt Service Reserve Fund

A fund set up by a condominium corporation for major repairs and replacement of such items as the roof, elevators, plumbing, heating systems, etc All condo corporations, by law, require a reserve fund

Hyphenation

ye·dek fon