contingency fund

noun
Updated on: 15 Nov 2017

Definition of contingency fund

: an amount of money that can be used to pay for problems that might happen

Word by Word Definitions

contingency play
  1. : a contingent event or condition: such as

  2. : an event (such as an emergency) that may but is not certain to occur

  3. : something liable to happen as an adjunct to or result of something else

fund play
  1. : a sum of money or other resources whose principal or interest is set apart for a specific objective

  2. : money on deposit on which checks or drafts can be drawn

  3. : capital

  1. : to make provision of resources for discharging the interest or principal of

  2. : to provide funds for

  3. : to place in a fund : accumulate


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