contingency fund

money or securities set aside to cover unexpected conditions or losses in business, usually supplementing a contingency reserve.
Also, contingent fund.
[1880-85]

* * *


Universalium. 2010.

Look at other dictionaries:

  • contingency fund — ➔ fund1 * * * contingency fund UK US noun [C] (also contingency account, also contingency reserve) ► ACCOUNTING an amount of money that is kept to pay for something that might possibly happen or cause problems in the future: »The projected c …   Financial and business terms

  • Contingency fund — A contingencies fund or contingency fund is a fund for emergencies or unexpected outflows, mainly economic crises. Contents 1 History 2 European Union 2.1 Spain 3 India …   Wikipedia

  • contingency fund — contingency reserve or fund In accounting, a reserve set up to cover possible or potential losses; e.g. possible judgment against company. A fund created in anticipation of incidental or unforeseen expenditures …   Black's law dictionary

  • contingency fund — noun : assets segregated as a fund for the purpose of meeting a specific or general contingency and usually accompanied by a contingency reserve …   Useful english dictionary

  • contingency fund — /kən tɪndʒənsi fʌnd/ noun money set aside in case it is needed urgently …   Dictionary of banking and finance

  • contingency account — noun [countable] another name for a contingency fund * * * contingency account UK US noun [C] ACCOUNTING ► CONTINGENCY FUND(Cf. ↑contingency fund) …   Financial and business terms

  • contingency reserve — conˈtingency reˌserve noun [countable] another name for a contingency fund * * * contingency reserve UK US noun [C] ACCOUNTING ► CONTINGENCY FUND(Cf. ↑contingency fund) …   Financial and business terms

  • fund — A fiscal and accounting entity with a self balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are recorded and segregated to carry on specific… …   Financial and business terms

  • contingency — UK [kənˈtɪndʒ(ə)nsɪ] / US [kənˈtɪndʒənsɪ] noun [countable] Word forms contingency : singular contingency plural contingencies something that might happen in the future, especially something bad We like to be prepared for all contingencies. a)… …   English dictionary

  • contingency — con|tin|gen|cy [ kən tındʒənsi ] noun count something that might happen in the future, especially something bad: We like to be prepared for all contingencies. a. something done in order to prepare for a possible bad event: contingency for: Most… …   Usage of the words and phrases in modern English

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