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contingency fund

noun, Accounting.
1.
money or securities set aside to cover unexpected conditions or losses in business, usually supplementing a contingency reserve.
Also, contingent fund.
Origin
1880-1885
1880-85
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for contingency fund
  • Such funds shall be deposited in the emergency and contingency fund.
  • Other components authorized through that date include supplemental grants and the contingency fund.

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