DEFINITIONS

contingency reserve

or contingent reserve

noun Accounting.

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

Content related to contingency reserve

Disinterested vs. UninterestedIf a new movie stars an actor you can’t stand, are you disinterested or uninterested in paying to go see it on opening night? These two words are often used interchangeably, but not by grammarians in the know. Do know the difference between disinterested and uninterested? Disinterested has two meanings. The first and most widely accepted one is “impartial; unbiased by personal interest or advantage” …
READ MORE
Then vs. ThanThen and than are among the 100 most frequently used words in the English language. For some, this ubiquity translates into greater opportunity for committing grammatical blunders. Let’s take a look at the differences between these two terms. Then indicates time or consequence, as in the following examples: Bagels were cheaper then; First I’ll drink my orange juice, then eat my bagel; If I drink too …
READ MORE

Words nearby contingency reserve

continents, contingence, contingency, contingency fund, contingency plan, contingency reserve, contingency table, contingency tax, contingent, contingent beneficiary, contingent fee

Origin of contingency reserve

First recorded in 1930–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019