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The phrase "tax your reserves" means to use reserve funds to conduct the business instead of saving them for possible business expansion. When a company uses up its reserves there is a good chance the company will then become insolvent.

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โˆ™ 2014-05-23 22:03:13
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Q: What does the phrase tax your reserves mean?
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What does it mean to tax your reserves?

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what does the Latin phrase ''Si Hoc'' mean


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In oil fields what does risked unrisked reserves mean?

Unrisked reserves are those which have already been developed by drilling and production and thus have a very reasonable certainty of being produced. Risked reserves are either probable or possible reserves depending upon the amount of uncertainty involved and basically represent poorly developed or undeveloped oil & gas fields.


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