emergency reserve

Funds for disasters

Emergency reserve is a supply of money, resources, or materials set aside for unexpected crises or urgent situations.

Organizations maintain emergency reserves to handle sudden shortfalls or disasters: The nonprofit keeps a three-month emergency reserve in case donations drop.

Governments may hold strategic reserves of fuel, food, or medical supplies.

Personal emergency reserves typically mean savings for unforeseen expenses like job loss or medical bills.

Related

safety cushion · stockpile · stash · nest egg · safety net · savings · fallback · lifeline · buffer · surplus · contingency · slush fund · last resort · supplies · rations · cache · hoard · piggy bank

Categories
Opposites
purpose and timing of use

emergency reservespending money

Cash for incidentals

petty cash · operating budget · discretionary spending · monthly expenses · pocket money

financial strategy

emergency reservespeculative investment

Money risked hoping for gain

venture capital · impulse purchase

resource availability

emergency reserveliving paycheck to paycheck

Earning only enough for immediate expenses

debt · shortfall · insolvency · bankruptcy · negative balance

Family

emergency, reserve, emergent, emerge, emerged, emerging, emerges, emergence, emergencies

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G