What is another word for contingency moneys?
Pronunciation: [kəntˈɪnd͡ʒənsi mˈʌnɪz] (IPA) 
Contingency moneys refer to funds set aside for unplanned events or emergencies that may arise during a project or task. However, there are various other synonyms to describe these funds - contingency funds, reserve funds, emergency funds, and buffer funds. These synonyms all indicate that the money is not allocated for a specific purpose but reserved to cover unexpected expenses. Another term that is used is a rainy-day fund, which refers to money kept aside for unforeseen emergencies. Having contingency moneys or its synonyms is crucial in ensuring that projects or tasks do not come to a halt due to unforeseen expenses.
