contingency reserve or fund
- contingency reserve or fund
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Black's law dictionary.
HENRY CAMPBELL BLACK, M. A..
1990.
Look at other dictionaries:
contingency reserve or fund — In accounting, a reserve set up to cover possible or potential losses; e.g. possible judgment against company. A fund created in anticipation of incidental or unforeseen expenditures … Black's law dictionary
contingency reserve — or fund In accounting, a reserve set up to cover possible or potential losses; e.g. possible judgment against company. A fund created in anticipation of incidental or unforeseen expenditures … Black's law dictionary
contingency reserve — or fund In accounting, a reserve set up to cover possible or potential losses; e.g. possible judgment against company. A fund created in anticipation of incidental or unforeseen expenditures … Black's law dictionary
contingency reserve — conˈtingency reˌserve noun [countable] another name for a contingency fund * * * contingency reserve UK US noun [C] ACCOUNTING ► CONTINGENCY FUND(Cf. ↑contingency fund) … Financial and business terms
contingency fund — contingency reserve or fund In accounting, a reserve set up to cover possible or potential losses; e.g. possible judgment against company. A fund created in anticipation of incidental or unforeseen expenditures … Black's law dictionary
contingency fund — contingency reserve or fund In accounting, a reserve set up to cover possible or potential losses; e.g. possible judgment against company. A fund created in anticipation of incidental or unforeseen expenditures … Black's law dictionary
contingency fund — ➔ fund1 * * * contingency fund UK US noun [C] (also contingency account, also contingency reserve) ► ACCOUNTING an amount of money that is kept to pay for something that might possibly happen or cause problems in the future: »The projected c … Financial and business terms
fund — A fiscal and accounting entity with a self balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are recorded and segregated to carry on specific… … Financial and business terms
contingency fund — noun : assets segregated as a fund for the purpose of meeting a specific or general contingency and usually accompanied by a contingency reserve … Useful english dictionary
contingency fund — Accounting. money or securities set aside to cover unexpected conditions or losses in business, usually supplementing a contingency reserve. Also, contingent fund. [1880 85] * * * … Universalium