contingency fund

Definition of contingency fund

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

Word by Word Definitions

  1. :  the quality or state of being contingent

    :  a contingent event or condition: such as

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

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

    :  capital

    :  an available quantity of material or intangible resources :  supply

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

    :  to provide funds for

    :  to place in a fund :  accumulate

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