contingency reserve

or contingent reserve

noun Accounting.

an amount of money established from retained earnings to allow for unforeseen losses in business.

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Origin of contingency reserve

First recorded in 1930–35

Words nearby contingency reserve

contingence, contingency, contingency fee, contingency fund, contingency plan, contingency reserve, contingency table, contingency tax, contingent, contingent beneficiary, contingent fee
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020