Contingency Reserve

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Definition: Contingency Reserve

Contingency Reserve
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Full Definition of Contingency Reserve

A reserve set aside for unforeseen events or damages. Found in the insurance company’s annual statement.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/contingency-reserve/
Modern Language Association (MLA):
Contingency Reserve. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/contingency-reserve/.
Chicago Manual of Style (CMS):
Contingency Reserve. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/contingency-reserve/ (accessed: April 24, 2024).
American Psychological Association (APA):
Contingency Reserve. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/contingency-reserve/

Definition Sources

Definitions for Contingency Reserve are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.