Define: Reserve

Reserve
Reserve
Quick Summary of Reserve

Reserve refers to the act of giving something to someone while retaining a portion for oneself. For instance, if you sell a piece of land but wish to keep a small section for personal use, you can reserve that part. Additionally, reserve can also denote the act of setting aside something for future use, such as money saved by a bank or insurance company to cover expenses later on.

Full Definition Of Reserve

Reserve refers to the act of retaining a portion of a property while transferring the rest to someone else. It can also denote something set aside for future use, such as a fund of money earmarked by a bank or insurance company to cover future expenses. For example, a landowner may reserve the right to use a small part of their property for personal use, while a bank or insurance company may have a reserve fund to cover unexpected losses or future claims. These examples demonstrate how reserve can encompass both the legal right to retain a portion of a property and the financial practice of setting aside funds for future use.

Reserve FAQ'S

Yes, you can typically reserve a table at a restaurant by calling ahead or using an online reservation system.

The duration of parking spot reservations can vary depending on the specific rules and regulations of the parking facility. It is best to check with the parking management for their specific policies.

Many hotels require a credit card to reserve a room as a form of guarantee. However, some hotels may offer alternative options such as a cash deposit or a debit card authorization.

Yes, you can reserve a seat on a flight by booking your ticket in advance. Most airlines allow passengers to select their preferred seat during the booking process.

Yes, you can reserve a domain name for your website by registering it with a domain registrar. Keep in mind that domain names are subject to availability, so it is advisable to secure your desired domain as soon as possible.

Yes, you can reserve a trademark for your business name by filing an application with the appropriate trademark office. This process helps protect your brand identity and prevents others from using a similar name.

In many cases, public parks can be reserved for private events such as weddings or parties. However, there may be specific procedures and fees involved, so it is important to contact the local park authority for more information.

Courtrooms are typically assigned by the court administration based on the availability and scheduling needs of the legal proceedings. It is not usually possible for individuals to reserve a courtroom for their own trial.

Many libraries offer online reservation systems that allow patrons to reserve books in advance. This ensures that the book will be held for them until they can pick it up.

Yes, you can typically reserve a specific time slot for a legal consultation with an attorney by contacting their office and scheduling an appointment. This allows you to have dedicated time to discuss your legal concerns with the attorney.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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  • Modern Language Association (MLA):Reserve. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/reserve/.
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  • American Psychological Association (APA):Reserve. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/reserve/
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