Hello, you have come here looking for the meaning of the word contingency. In DICTIOUS you will not only get to know all the dictionary meanings for the word contingency, but we will also tell you about its etymology, its characteristics and you will know how to say contingency in singular and plural. Everything you need to know about the word contingency you have here. The definition of the word contingency will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofcontingency, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
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.
(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 he or she does not fulfill the contract according to the specification.