A contingency fund is an amount of money placed aside to be used when a certain event (the contingency) occurs. A common example is a contingency fund for risks in a project. If the risk occurs, the money is used to mitigate the risk. Without a contingency fund, any risks coming to pass would become uncovered expenses.
A contingency plan is like a backup plan. It is vital to have one in any business. That way, if the current business plan fails, the owner will have another option.
A contingency reserve in Bank is a reserve that is kept on Bank's own discretion for anyunforeseenevent or for expected future losses due to non-performing loans (NPLs).
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Addendum is the singular form.The plural forms are addenda or addendums, both are accepted.
The plural form of addendum is addenda.
Addendum is the singular. The plural is addenda.
Addendum is a noun. It refers to an additional item or information added at the end of a document.
It is common to see this type of addendum in today
The plural form of addendum is addenda
An addendum is a legal document that is attached to a pre-existing legal document. It adds other terms and provisions to the original agreement. An addendum can modify or amend the original agreement. Once signed by the parties it has the same legal effect. In a real estate transaction the original document would be the Purchase and Sale Agreement. An addendum to a P&S Agreement can address issues such as financing, the contingency listing of the buyer's property, payment terms if there is to be seller financing, agreement to maintain the grounds until buyer takes possession, agreement that the seller pay for the homeowner title policy, extension of closing date, homeowner's insurance, etc.
Paradox Addendum was created on 2000-11-21.
Addendum is singular. Addenda or addendums is plural.
What is the meaning of contingency leadership in relation to Human Resource Management
use contingency in a sentence?
Undisclosed Files Addendum was created on 1995-02-27.