or contingent reserve
an amount of money established from retained earnings to allow for unforeseen losses in business.
Grey vs. GrayGrey and gray are both accepted in the English language. They refer to a color of a neutral tone between black and white, and can also be used metaphorically to convey gloom and dullness. However, gray is the more popular spelling in the US, while grey reigns supreme in the UK as well as Ireland, Australia, and other places that use British English. For centuries, …
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 …
Origin of contingency reserve
First recorded in 1930–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019