contingency reserve

contingency reserve
an amount of money established from retained earnings to allow for unforeseen losses in business.
Also, contingent reserve.
[1930-35]

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Universalium. 2010.

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Look at other dictionaries:

  • 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 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 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 — noun : an appropriation of surplus or retained earnings that may or may not be funded, indicating a reservation against a specific or general contingency * * * Accounting. an amount of money established from retained earnings to allow for… …   Useful english 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

  • 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 — 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

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