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Meaning of “contingency plan” in the English Dictionary

"contingency plan" in Business English

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contingency plannoun [C]

uk   us  
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 ​hazardouswastetransporterlicense must ​submit a ​contingencyplan for ​responding to any ​type of incident.a contingency plan to do sth This is ​part of a three-month ​contingencyplan to ​bring a year-long ​unofficialstrike by ​maintenancestaff to an end. The ​managementstated that a contingencyplan was in ​place for ​dealing with such ​emergencies. to make/​draw up a ​contingencyplan
contingency planning
noun [U]
The ​report says there was a ​lack of contingencyplanning for a ​crisis in London's ​markets.
(Definition of contingency plan from the Cambridge Business English Dictionary © Cambridge University Press)
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“contingency plan” in Business English

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