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reserved point of law.See POINT OF LAW. [Blacks Law 8th]

reserved land.See RESERVATION(3). [Blacks Law 8th]

reserved easement.See EASEMENT. [Blacks Law 8th]

reserve clause.A clause in a professional athlete’s contract restricting the athlete’s right to change teams, even after the contract expires. • Reserve clauses are uncommon in modern professional sports. Cf. FREE AGENCY. [Blacks Law 8th]

Reserve Board.See FEDERAL RESERVE BOARD OF GOVERNORS. [Blacks Law 8th]

reserve bank.See member bank under BANK. [Blacks Law 8th]

reserve account.See impound account under ACCOUNT. [Blacks Law 8th]

reserve,n.1. Something retained or stored for future use; esp., a fund of money set aside by a bank or an insurance company to cover future liabilities. amortization reserve.An account created for bookkeeping purposes to extinguish an obligation gradually over time. bad-debt reserve.A reserve to cover losses on uncollectible accounts receivable. legal reserve.The minimum amount of…

reservation. 1. The creation of a new right or interest (such as an easement), by and for the grantor, in real property being granted to another. Cf. EXCEPTION(3). [Cases: Deeds 141; Easements 14. C.J.S. Deeds §§ 279–282, 284; Easements § 60.] implied reservation.An implied easement that reserves in a landowner an easement across a portion…

resentencing,n. The act or an instance of imposing a new or revised criminal sentence. — resentence,vb. [Blacks Law 8th]