Contingency Fund

Language - English

Telugu Word - ఎతిర్తఱ్క్కాప్పు నితియమ్

A reserve of money set aside for emergencies or unforeseen expenses. (e.g., The housing society maintains a contingency fund for unexpected repairs and maintenance.) In the context of Telangana real estate, a 'Contingency Fund' is crucial for managing unexpected expenses or emergencies that might arise in property management or development projects. It provides a financial safety net for dealing with unforeseen situations.