"Cash reserves" refers to the money that an individual or organization sets aside or keeps available for immediate use or emergencies. It serves as a financial safety net or a cushion that can be easily accessed when needed. Full definition
Additionally, some lenders will require you to have a certain amount of cash reserves in the bank — beyond what's needed for down payment and closing costs. (homebuyinginstitute.com)
It sounds like I need a bit more in cash reserves in case something goes wrong in year one. (biggerpockets.com)
I like to keep a certain amount in cash reserves for just these occasions. (bestratesin.com)