contingency fund

Examples (20)

• Every family should have a contingency fund for financial emergencies.
• The board agreed to establish a contingency fund to cover unforeseen costs.
• The company had to use its contingency fund to cover unexpected legal fees.
• We set aside 5% of the budget in a contingency fund every quarter.
• The government established a large contingency fund for disaster relief.
• If sales drop sharply, we can draw on the contingency fund to keep operations running.
• In project management, a contingency fund is crucial for dealing with unforeseen delays.
• The project manager asked whether the contingency fund was sufficiently capitalized.
• Financial advisors recommend that the contingency fund should cover at least three months of living expenses.
• Without a contingency fund, even minor delays could derail the timeline.
• Without a contingency fund, a sudden job loss can be catastrophic.
• Donors contributed generously to the contingency fund after the storm.
• They are slowly building up their contingency fund by saving a little each month.
• Please document any withdrawals from the contingency fund for audit purposes.
• Access to the contingency fund requires approval from the finance committee.
• Startups often maintain a small contingency fund while seeking investment.
• Having a well-stocked contingency fund helped them navigate the economic downturn without stress.
• Our CFO warned that the contingency fund should not be used for routine expenses.
• The contractor's budget includes a small contingency fund for material price fluctuations.
• Is the contingency fund accessible during a cash-flow emergency?