emergency funds
Emergency funds are a reserved amount of money set aside specifically for unexpected financial expenses or emergencies, providing a safety net for unforeseen circumstances such as medical emergencies, job loss, or home repairs.
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Related Concepts (2)
Similar Concepts
- emergency cash assistance
- emergency financial assistance
- emergency funding
- emergency funding for businesses
- emergency funding for education
- emergency funding for housing
- emergency funding for individuals
- emergency funding for public safety
- emergency funding for research projects
- emergency funding for social services
- emergency funding for troubled companies
- emergency grants
- emergency loans
- reserve funds
- security funds