Words / C / Business

contingency plan

noun

B2CEFR level
45/100Rarity: uncommon
TechnicalRegister

A prepared course of action to follow if a specific risk actually materialises.

Our contingency plan is to switch to the backup vendor if the shipment slips again.

Similar: fallback plan, plan B

Topic: Project management in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Project management