Reserves refer to the funds or resources that an organization, government, or individual sets aside for future use. These can include financial reserves, such as savings accounts or emergency funds, and natural reserves, like oil or mineral deposits. Reserves are important for ensuring stability and preparedness in times of need. In the context of finance, reserves help organizations manage risks and meet unexpected expenses. For example, a company might maintain cash reserves to cover operational costs during downturns. Similarly, governments often keep reserves to support public services or respond to economic crises, ensuring they can maintain stability and growth.