Contingency
volume
British pronunciation/kəntˈɪnd‍ʒənsi/
American pronunciation/kənˈtɪndʒənsi/

Definice a Význam "contingency"

01

možnost, náhodná událost

a possible condition in future that might happen as a result of something
02

náhoda, případnost

the quality of happening by chance
03

rezerva, kontingenční fond

the funds that are set aside for unforeseen expenses that may arise in the future
example
Example
click on words
The company allocated a portion of its budget as a contingency to cover unexpected costs, such as equipment repairs or legal fees.
As a prudent financial practice, homeowners should maintain a contingency fund to cover sudden home repairs, like a leaking roof or a malfunctioning furnace.
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