contingency

/kənˈtɪndʒənsi/

noun

  1. 1

    The quality of being contingent, of happening by chance; unpredictability.

  2. 2

    A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses.

  3. 3

    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. 4

    A statement which is neither a tautology nor a contradiction.

Synonyms

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