money or securities set aside to cover unexpected conditions or losses in business, usually supplementing a contingency reserve.
noun, Statistics. 1. the frequency distribution for a two-way statistical classification. noun 1. (statistics) an array having the frequency of occurrence of certain events in each of a number of samples
noun, Accounting. 1. an amount of money established from retained earnings to allow for unforeseen losses in business.
noun 1. any new tax that would be necessary in case of a shortfall in revenues.
[kuh n-tin-juh nt] /kənˈtɪn dʒənt/ adjective 1. dependent for existence, occurrence, character, etc., on something not yet certain; conditional (often followed by on or upon): Our plans are contingent on the weather. 2. liable to happen or not; uncertain; possible: They had to plan for contingent expenses. 3. happening by chance or without known cause; […]