Reserves

Reserves means:
the excess of contributions to the Social Security System over expenditures to implement the system's programs. Funds made to fulfil future costs or expenditures. These reserves are invested in the U.S. Treasury bonds.

U.S. and other Developed Countries International Tax Meaning

There are legal reserves which may be required by company law and may be necessary before dividends are distributed.

See Dividend in the American Legal Encyclopedia and Dividend in the World Legal Encyclopedia.