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Word: contingency (lookup usage) (lookup stats)


Meaning:

Noun:

  • a conditional response plan made in preparation for various future circumstances including the unanticipated.
  • 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 fulfil the contract according to the specification.
  • countable A possibility; something which may or may not happen.
  • uncountable The quality of being contingent; unpredictability.

Source: Wiktionary | Src Info »