Meaning of “Plan B” in the English Dictionary

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"Plan B" in Business English

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Plan Bnoun [ S ]

uk us

an action or set of actions for doing or achieving something that can be used if the preferred method fails:

The alternative Plan B for funding the stadium calls for a contribution of $7.5 million a year from taxpayers for 30 years.

(Definition of “Plan B” from the Cambridge Business English Dictionary © Cambridge University Press)