contingency budget(is the amount of money required to implement a contingency plan. If an authorized entity approves a contingency plan, it would normally set aside a contingency budget, which would only be called upon if the contingency plan had to be implemented Millie)
contingency fund(contingency fund (also contingency account, contingency reserve) noun [C] (Accounting ) an amount of money that sb keeps to pay for a possible future expense or loss: We have a contingency fund for unexpected emergencies. • to establish/have/set up a contingency fund. OBED Alexander Demidov)
