WordNet-Online
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Definitions from the WebContingency FundDefinition: A contingency fund, also known as an emergency fund, is a reserve of money set aside to cover unexpected expenses, uncertainties, or emergencies. Usage:1. NounSense: A fund set up for unforeseen circumstances or emergencies. Example: It is advisable to maintain a contingency fund equivalent to at least three to six months of living expenses. 2. NounSense: A fund established by organizations or governments to address unforeseen events or challenges. Example: The government allocated a substantial amount to the contingency fund to aid disaster-stricken areas. 3. AdjectiveSense: Describing something that is dependent on or influenced by uncertain events. Example: The success of the project is contingent on the availability of the contingency fund. Related Products: | ||||
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