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contingency reserve

or contingent reserve

noun

Accounting.
  1. an amount of money established from retained earnings to allow for unforeseen losses in business.


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yvlog History and Origins

Origin of contingency reserve1

First recorded in 1930–35
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Example Sentences

Examples have not been reviewed.

Stored gas can only be treated as a contingency reserve in case of destruction of infrastructure and, as of today, Ukraine has met its entire winter demand with gas produced in the country.

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Toru Suehiro, senior economist at Daiwa Securities, said the LDP had probably been pressured by Komeito to draw up a supplementary budget rather than taking funds from the country’s contingency reserve.

From

But Medicare officials also said they needed to build a “contingency reserve” for the possible cost of Aduhelm, the controversial drug approved by the U.S.

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The resolution would dedicate up to $50 million from the state’s contingency reserve fund to restoring the raises for the current school year.

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The new program, “the Bridge Fund,” uses the final $20 million from the city’s federal Cares Act funding and $80 million from a local contingency reserve.

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