contingency cost
nounEtymology From contingency + cost. Do not confuse with cost contingencies.
1
Accounting, Business, Finance An expense incurred precautionarily for a use that may not occur such as an event of damage or a change order.
noun
Etymology From contingency + cost. Do not confuse with cost contingencies.
Accounting, Business, Finance An expense incurred precautionarily for a use that may not occur such as an event of damage or a change order.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.