/ Dictionary / Index C contingency plan: Meaning and Definition of Find definitions for: contin'gency plan" Pronunciation: [key] a course of action to be followed if a preferred plan fails or an existing situation changes. a plan or procedure that will take effect if an emergency occurs; emergency plan. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. contingency fund contingency reserve Related Content Daily Word Quiz: feline Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language