Contingency

Quick meaning: Contingency is a noun meaning (uncountable) The quality of being contingent, of happening by chance.

Meaning

(uncountable) The quality of being contingent, of happening by chance.

More Meanings

1. (countable) A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses.
2. (logic, countable) A statement which is neither a tautology nor a contradiction.
3. (finance, countable) An 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 they do not fulfill the contract according to the specification.

Example Sentences

There was also the imperative necessity of creating a reserve fund for unforeseen contingencies, and the question ever present was how was money to be found.

In light of the inherent survival threat posed by zombies and absent specified guidance for detailed planning to address such a contingency, USSTRATCOM has taken the initiative to develop a JOPES Level 3 plan (CONPLAN) consistent with guidance derived from other specified planning efforts to ensure U.S. and Allied freedom of action from zombie domination.

Word Forms

• contingencies

Synonyms for contingency

Depending on context, synonyms include possibility, unpredictability, option, choice, alternative, chance.

Antonyms for contingency

Common opposites include noncontingency, inevitability, impossibility, pie in the sky, pipe dream.

Related Words

Related dictionary entries include eventuality, contingent, incident, possibility, event, circumstance.

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