why do some people call assets less liabilities "special reserves and unassigned funds"?

Question

why don't they just call it stockholders' equity or something like that?

Answer 1

Stockholder's Equity: stockholders' ownership in the company. This is also known as "net worth," it is the difference between the total assets and total liabilities of a company.

But "Special Reserves" and "Unassigned Funds", just means that the company plans on using the money for future projects/purchases, (therefore turning it into either an asset or liability), but haven't allocated the funds yet, so it's not technically stockholder's equity if they have plans for it, and it isn't just cash sitting around.