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contingency plan UK US noun [C]
► a plan that is made for dealing with an emergency, or with something that might possibly happen and cause problems in the future: a contingency plan for sth/doing sth »
Companies wishing to apply for a hazardous waste transporter license must submit a contingency plan for responding to any type of incident.
a contingency plan to do sth »This is part of a three-month contingency plan to bring a year-long unofficial strike by maintenance staff to an end.
»The management stated that a contingency plan was in place for dealing with such emergencies.
»to make/draw up a contingency plan
contingency planning noun [U]
► »
The report says there was a lack of contingency planning for a crisis in London's markets.
Financial and business terms. 2012.