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Contingency
01
contingenza, eventualità
a possible condition in future that might happen as a result of something
02
contingenza, eventualità
the quality of happening by chance
03
contingenza
the funds that are set aside for unforeseen expenses that may arise in the future
Example
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.
Non-profit organizations often establish contingency funds to prepare for unexpected drops in donations or to address urgent community needs.
word family
conting
Verb
contingence
Noun
contingency
Noun
Parole Vicine
