contingency

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English[edit]

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Pronunciation[edit]

  • IPA(key): /kənˈtɪndʒənsi/

Etymology[edit]

contingent +‎ -cy (16th century).

Noun[edit]

contingency (countable and uncountable, plural contingencies)

  1. (uncountable) The quality of being contingent, of happening by chance; unpredictability. [1560s]
  2. (countable) A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses. [1610s]
  3. (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 he or she does not fulfill the contract according to the specification.
  4. (logic, countable) A statement which is neither a tautology nor a contradiction.

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