# Hardship fund

- Canonical URL: https://www.gerhardmerk.de/hardship-fund
- Post ID: 594082
- Modified: 2023-07-25T21:01:41+00:00
- Language: en

## Definition

Generally, a planned reserve of money (money kept in reserve) from which aid can be granted to people or companies in need through no fault of their own - for example, in the event of a high flood, fire or earthquake. Hardship funds are often included as a separate budget item in government budgets, at insurance companies, and also at the level of nonprofit organizations. - See budget reserve, disaster fund, shock, external. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1