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Contingency
01
contingenza
a possible condition in future that might happen as a result of something
02
contingenza
the quality of happening by chance
03
contingenza
the funds that are set aside for unforeseen expenses that may arise in the future
Esempio
The company allocated a portion of its budget as a contingency to cover unexpected costs, such as equipment repairs or legal fees.
The project manager devised a contingency plan to bypass potential bottlenecks in the construction timeline.
Non-profit organizations often establish contingency funds to prepare for unexpected drops in donations or to address urgent community needs.
The team is working on a contingency plan to address potential challenges in the project.
When the original plan failed, they had to fall back on their contingency strategy.
