What do a.m. and p.m. stand for?

contingency reserve

noun, Accounting.
an amount of money established from retained earnings to allow for unforeseen losses in business.
Origin of contingency reserve
1930-35 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
Examples from the web for contingency reserve
  • Indicate the percent of repair funds allocated for contingency reserve.
  • The contingency reserve is included in the replacement cost of substantial rehabilitation.
  • However, at the mortgagee's discretion a contingency reserve account may be set up for administering the loan.
  • contingency reserve value varies significantly over time, however.

Word of the Day

Difficulty index for contingency reserve

Few English speakers likely know this word

Word Value for contingency

Scrabble Words With Friends