CONTINGENCY BUDGET Definition

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CONTINGENCY BUDGET is the amount of money required to implement a contingency plan. If an authorized entity approves a contingency plan, it would normally set aside a contingency budget, which would only be called upon if the contingency plan had to be implemented.

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BOUGHT DEAL is the arrangement where a broker buys all of a new issue of shares and sells them on to investors at a small premium.

FSC is Foreign Sales Corporation.

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