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contingency fund
noun
- money or securities set aside to cover unexpected conditions or losses in business, usually supplementing a contingency reserve.
亚洲网紅露点 History and Origins
Origin of contingency fund1
Example Sentences
She added an underwrite had not been requested by Commonwealth Games Scotland and that around 拢27m is already earmarked as a contingency fund.
The cost of the event has been estimated as approximately 拢114m, a total that includes all Games costs, including security as a well as a contingency fund.
But Palo Alto Mayor Greer Stone responded that the donation comes from the City Council鈥檚 contingency fund, which has $77,000 left to spend.
"During an Extreme Republican Shutdown, women and children who count on WIC would soon start being turned away at grocery store counters, with a federal contingency fund drying up after just a few days and many states left with limited WIC funds to operate the program," the statement read.
The project has a $450 million budget, with a $50 million contingency fund.
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