contingency fund
or contingent fund
nounAccounting.
money or securities set aside to cover unexpected conditions or losses in business, usually supplementing a contingency reserve.
Origin of contingency fund
1First recorded in 1880–85
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use contingency fund in a sentence
The Democrats complained of the way the reconstructionists spent the contingent fund of the state.
Civil War and Reconstruction in Alabama | Walter L. FlemingVery few of the small accounts against the contingent fund were itemized.
Civil War and Reconstruction in Alabama | Walter L. FlemingMy salary as Attorney General was one thousand dollars a year and a contingent fund of four hundred dollars additional each year.
Autobiography of Charles Clinton Nourse | Charles Clinton NourseIn obedience to law, I transmit to Congress my annual account of the contingent fund.
A Compilation of the Messages and Papers of the Presidents | James D. RichardsonContingent Fund—A sum put aside to provide for an anticipated obligation; a reserve fund.
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