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contingency

 - 4 dictionary results

con⋅tin⋅gen⋅cy

  [kuhn-tin-juhn-see]
Use contingency in a Sentence
–noun, plural -cies.
1. dependence on chance or on the fulfillment of a condition; uncertainty; fortuitousness: Nothing was left to contingency.
2. a contingent event; a chance, accident, or possibility conditional on something uncertain: He was prepared for every contingency.
3. something incidental to a thing.
Origin:
1555–65; conting(ent) + -ency

Synonyms:
2. emergency, likelihood, predicament.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To contingency
con·tin·gen·cy   (kən-tĭn'jən-sē)   
n.   pl. con·tin·gen·cies

    1. An event that may occur but that is not likely or intended; a possibility.

    2. A possibility that must be prepared for; a future emergency.

  2. The condition of being dependent on chance; uncertainty.

  3. Something incidental to something else.

con·tin'gen·cy adj.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Contingency

An economic event, usually negative, that is in the process of occurring and, therefore, has not yet been resolved.

Investopedia Commentary

For example, pending litigation would be considered a contingent liability.

See also: Liability

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Legal Dictionary

Main Entry: con·tin·gen·cy
Pronunciation: k&n-'tin-j&n-sE
Function: noun
Inflected Form: plural -cies
1 : the quality or state of being contingent
2 : a contingent event or condition: as a : an event that may but is not certain to occur contingency that made performance under the contract impossible> b : something likely to come about as an adjunct to or result of something else; specifically : CONTINGENCY FEE at, FEE contingency or billed at an hourly rate —D. Railroad Frederico>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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