Reserves
Type: noun
Pronunciation: /ri-zurvz/
Also spelled or known as: Royalty Reserves
Related: Returns
What does Reserves mean? A portion of royalties temporarily withheld.
Labels may hold reserves against anticipated returns, refunds, chargebacks, or accounting adjustments.
Reserves synonyms: Royalty Reserves, Held Funds, Accounting Reserves
Example sentence: “The royalty statement included reserves for potential returns.”
PRE-ORDER RECORDING BUSINESS DICTIONARY
