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Another term for a sum of money set aside for a specific purpose is a "reserve fund." This fund is typically allocated for future expenses or emergencies, ensuring that resources are available when needed. It can also be referred to as a "sinking fund" if intended for gradual repayment of debt or replacement of an asset.
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What is a sum of money set aside for something?
A sum of money set aside for a specific purpose is often referred to as a "reserve" or "fund." This allocation can be for various reasons, such as savings for future expenses, investments, or particular projects. By designating money in this way, individuals or organizations can ensure they have the necessary resources when needed. This practice helps in financial planning and achieving specific goals.
What is it called if you set aside a sum of money for a specific purpose?
When you set aside a sum of money for a specific purpose, it is often referred to as a "sinking fund." This financial strategy involves allocating funds over time to ensure that you have enough money available for a future expense or goal, such as saving for a large purchase or paying off debt. It helps in budgeting and managing finances effectively.
What is A sum of money set aside for a specific purpose is a?
A sum of money set aside for a specific purpose is known as a "fund." Funds are typically allocated for designated projects, expenses, or investments, ensuring that resources are available to meet particular goals. Examples include emergency funds, scholarship funds, and retirement funds, each serving a unique financial objective.
How do you solve a set?
You cannot solve a set You may be able to solve some questions about properties of a set, or the set and another set. But a set, by itself, is not something that requires or can be "solved".
What is the meaning of excluded values when used to solve algebra two problems?
excluded means to set aside. excluded values are the values set aside just for these problems and no other problems.
Can you spend your Medicare Set aside money?
Can you spend your Medicare Set aside money
Save, Save, Save?
For those that struggle to save money, there are different ways that they may choose to set aside money for necessities in life. Instead of spending money for necessities, a person should always seek to apportion a set amount of funds into another bank account. This will ensure that a person does not spend such important funds on other things such as shopping. When a person sets aside money in another account, he or she should be sure to set aside money for all necessary expenses. A person should make a list of all of the expenses that are necessary in a given month, such as gas bills, electric bills, cable bills, internet bills, or cell phone payments. A person may also have to take car insurance or car payments into consideration when setting aside funds into another account. Putting money aside for rent is usually something else that people have to do when trying to save money. By putting aside all of these funds, a person will be able to keep spending money down to a minimum and he or she will be able to be frugal.
Is deposit another word for incoming money?
no. deposit is when you put money in a bank or set it aside for safe keeping. a word for incoming money is gernally just income.
What is a plan that enables workers and their spouses to set aside money for retirement?
A(n) _?_ is a plan that enables workers and their spouses to set aside money for retirement
Is a plan that enables workers and their spouses to set aside money for retirement?
A(n) _?_ is a plan that enables workers and their spouses to set aside money for retirement
To set something aside for later use?
How about "postpone"?
What is another word for reserve or set aside?
allocate
What money set aside by Congress for a specific purpose?
its an appropriation
What is the term used for money set aside for expenses?
Savings.
What is a sum of money set aside for something?
A sum of money set aside for a specific purpose is often referred to as a "reserve" or "fund." This allocation can be for various reasons, such as savings for future expenses, investments, or particular projects. By designating money in this way, individuals or organizations can ensure they have the necessary resources when needed. This practice helps in financial planning and achieving specific goals.
Is money set aside by formal action for a specific use?
Appropriation
What is a financial reserve?
An amount of money that's been set aside for emergencies.
