A reserve of money set aside to cover possible unforeseen future expenses.
意外开支准备金，应急基金，应急资金
there is a contingency fund within the budget to deal with unexpected legal fees
Example sentencesExamples
So he built a contingency fund into his annual budget - an amount equal to three months' worth of payroll.
We have got to raise £30,000 within the next few days as a contingency fund.
Work with the pension industry to provide a contingency fund for when schemes fail.
In the meantime, funds will be allocated out of the long-range capital plan and will be repaid from the contingency fund when the project is complete.
A spokesperson for the Department of Education said repairs were being funded under its contingency fund.
The contingency fund is a type of slush fund put aside for touring payments.
‘I believe this money should be used as a nest-egg to set up a special contingency fund to deal with unforeseen problems,’ Mr Mitchell said.
Simple maths shows that the deficit will be bigger this year and we no longer have a contingency fund to cover it.
Hill recommends setting aside a contingency fund of 20 percent of the estimated project value in the initial stages of building design.
I ran through some of the issues he will face, like the need to have a contingency fund in the budget.
A spokeswoman said: ‘Councils have to keep a general reserve as a contingency fund.’
The zoo, near Winchester, is solely funded by visitor income and donations and is having to rely on a contingency fund to cover animal and staff costs.
That money has gone back into a contingency fund.
Meanwhile, councillors approved an extra £100,000 to be taken from the contingency fund to plug a budget shortfall caused by winter gritting costs.
He explained that the Department advised the Board to set up the contingency fund to cover unexpected spending pressures that might arise during the year.
An application to the general contingency fund will need to be made to cover this overspend.
Already, some states are salting away current surpluses, and there is a federal contingency fund that could provide some additional money.
The small surplus that will be made this year will be used to cut the backlog of requests and provide a contingency fund to deal with any possible shortfall in predicted income.
The problem is ameliorated to a degree by building a contingency fund into the structure, but the size of this fund varies a great deal.
Trustees will now have to decide whether to use that to mitigate cutbacks, save it as a contingency fund or spend it another way.
Definition of contingency fund in US English:
contingency fund
nounkənˈtinjənsē fənd
A reserve of money set aside to cover possible unforeseen future expenses.
意外开支准备金，应急基金，应急资金
there is a contingency fund within the budget to deal with unexpected legal fees
Example sentencesExamples
Meanwhile, councillors approved an extra £100,000 to be taken from the contingency fund to plug a budget shortfall caused by winter gritting costs.
The zoo, near Winchester, is solely funded by visitor income and donations and is having to rely on a contingency fund to cover animal and staff costs.
Simple maths shows that the deficit will be bigger this year and we no longer have a contingency fund to cover it.
A spokesperson for the Department of Education said repairs were being funded under its contingency fund.
That money has gone back into a contingency fund.
Trustees will now have to decide whether to use that to mitigate cutbacks, save it as a contingency fund or spend it another way.
The problem is ameliorated to a degree by building a contingency fund into the structure, but the size of this fund varies a great deal.
I ran through some of the issues he will face, like the need to have a contingency fund in the budget.
The contingency fund is a type of slush fund put aside for touring payments.
Already, some states are salting away current surpluses, and there is a federal contingency fund that could provide some additional money.
In the meantime, funds will be allocated out of the long-range capital plan and will be repaid from the contingency fund when the project is complete.
A spokeswoman said: ‘Councils have to keep a general reserve as a contingency fund.’
An application to the general contingency fund will need to be made to cover this overspend.
Hill recommends setting aside a contingency fund of 20 percent of the estimated project value in the initial stages of building design.
He explained that the Department advised the Board to set up the contingency fund to cover unexpected spending pressures that might arise during the year.
The small surplus that will be made this year will be used to cut the backlog of requests and provide a contingency fund to deal with any possible shortfall in predicted income.
We have got to raise £30,000 within the next few days as a contingency fund.
‘I believe this money should be used as a nest-egg to set up a special contingency fund to deal with unforeseen problems,’ Mr Mitchell said.
So he built a contingency fund into his annual budget - an amount equal to three months' worth of payroll.
Work with the pension industry to provide a contingency fund for when schemes fail.