contingency funds
Contingency funds refer to a reserve or pool of money set aside to handle unexpected expenses, emergencies, or unforeseen circumstances that may arise in personal or professional settings.
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Related Concepts (21)
- appropriations process
- budgetary variances
- buffer funds
- contingency planning
- cushion funds
- emergency funds
- financial backup plans
- financial preparedness
- fiscal contingency plans
- insurance policies
- precautionary reserves
- rainy day funds
- reserve funds
- risk mitigation strategies
- safety net savings
- savings for unexpected expenses
- security funds
- uncertainty funds
- unexpected event funds
- unforeseen costs
- unplanned expenditure provisions
Similar Concepts
- contingency
- contingent reward
- disaster relief funding
- emergency funding
- emergency funding for environmental disasters
- emergency funding for individuals
- emergency funding for pandemic response
- emergency funding for research projects
- emergency funding for troubled companies
- funding distribution
- funding gaps
- funding requests
- pension funds
- short-term funding
- supplemental appropriations