What is the definition of Initial reserve? | Dictionary.net

INITIAL RESERVE

\ɪnˈɪʃə͡l ɹɪsˈɜːv], \ɪnˈɪʃə‍l ɹɪsˈɜːv], \ɪ_n_ˈɪ_ʃ_əl ɹ_ɪ_s_ˈɜː_v]\

Definitions of INITIAL RESERVE

1920 - A practical medical dictionary.

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The r. at the beginning of a policy year, being the terminal r. of the previous year plus the net premium for the new year.

1920 - A practical medical dictionary.
By Stedman, Thomas Lathrop

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