Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “contingency fund”

contingency fund

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 cost increase will come out of a $900 million contingency fund included in the bridge's $6.3 billion construction budget.
(Definition of contingency fund from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of contingency fund?
Add Cambridge dictionaries to your browser to your website

Word of the Day

shampoo

a liquid used for washing hair, or for washing particular objects or materials

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

crossfit noun

March 23, 2015
high-intensity strength training Two women in strappy dresses discussed how much weight they could snatch

Read More