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contingency
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As a noun, contingency means the quality of being contingent, of happening by chance.
Meanings of contingency
5 meaningsnoun
The quality of being contingent, of happening by chance.
A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses.
financeAn amount of money which a party to a contract has to pay to the other party (usually the supplier of a major project to the client) if he or she does not fulfill the contract according to the specification.
logicA statement which is neither a tautology nor a contradiction.
A possible event or occurrence or result
Similar: eventuality, contingence
Meanings from Wiktionary (CC BY-SA 4.0) and Open English WordNet (CC BY 4.0).