A reserve of cash kept available to meet the costs of any unexpected financial emergencies.
An option that is part of the structure of a bond that gives either the bondholder or the issuer the
Cash set aside in a dedicated interest account to cover unanticipated emergencies such as property... <a target=_blank href='http://www.finance-glossary.com/terms/emergency-fund.htm?id=461&ginPtrCode=00000&PopupMode=false' title='Read full definition of emergency fund'>more</a>