单词 | emergency fund |
释义 | emergency fundDefinition Money which is set aside for an emergency situation, such as unexpected unemployment or injury, or a natural disaster which destroys one's home and belongings. Having an emergency fund should be part of any individual or family's disaster plan. Emergency funds should be kept in a safe but easily accessible place, such as a savings account. The typical suggestion for an emergency fund is to have saved the equivalent of at least three months worth of living expenses. |
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