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词汇 reserve fund
释义 `1`reserve fund`2`
"LAW.COM Dictionary":

n. a fund of money created to take care of maintenance, repairs or unexpected expenses of a business or a multi-unit housing development (often condominiums or a housing cooperative) operated by a homeowners association or other governing body. Most states require that homeowners associations maintain such a fund.
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更新时间:2025/3/10 5:10:40