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English definition of “contingency plan”

contingency plan

noun [C]    
a plan that is made for dealing with an emergency , or with something that might possibly happen and cause problems in the future : a contingency plan for sth/doing sth Companies wishing to apply for a hazardous waste transporter license must submit a contingency plan for responding to any type of incident .a contingency plan to do sth This is part of a three-month contingency plan to bring a year-long unofficial strike by maintenance staff to an end. The management stated that a contingency plan was in place for dealing with such emergencies . to make/ draw up a contingency plan
contingency planning noun [U]
(Definition of contingency plan noun from the Cambridge Business English Dictionary © Cambridge University Press)
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