contingency reserve
or contingent reserve
noun Accounting.
an amount of money established from retained earnings to allow for unforeseen losses in business.
Origin of contingency reserve
First recorded in 1930–35
Words nearby contingency reserve
continents,
contingence,
contingency,
contingency fund,
contingency plan,
contingency reserve,
contingency table,
contingency tax,
contingent,
contingent beneficiary,
contingent fee