contingency

contingency
That which possesses the quality of being contingent or casual; the possibility of coming to pass; an event which may occur; a possibility. Anno: 41 ALR 146. A technical term in an inheritance tax statute which has reference to a contingent interest which might affect the duration of the interest to be enjoyed by the person receiving the transfer or succession. 28 Am J Rev ed Inher T § 561.

Ballentine's law dictionary. . 1998.

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  • contingency — con·tin·gen·cy /kən tin jən sē/ n pl cies 1: the quality or state of being contingent 2: a contingent event or condition: as a: an event that may but is not certain to occur a contingency that made performance under the contract impossible b …   Law dictionary

  • Contingency — may refer to:* Contingency (philosophy), a concept denoting the status of facts that are not logically necessarily true or false * Contingency plan, a plan devised for a specific situation when things could go wrong * Cost contingency * Spell… …   Wikipedia

  • Contingency — Con*tin gen*cy, n.; pl. {Contingencies}. [Cf. F. contingence.] 1. Union or connection; the state of touching or contact. Point of contingency. J. Gregory. [1913 Webster] 2. The quality or state of being contingent or casual; the possibility of… …   The Collaborative International Dictionary of English

  • contingency — [kən tin′jən sē] n. pl. contingencies [see CONTINGENCE] 1. the quality or condition of being contingent; esp., dependence on chance or uncertain conditions 2. something whose occurrence depends on chance or uncertain conditions; a possible,… …   English World dictionary

  • contingency — 1560s, quality of being contingent, from CONTINGENT (Cf. contingent) + CY (Cf. cy). Meaning a chance occurrence is from 1610s …   Etymology dictionary

  • contingency — emergency, exigency, pinch, *juncture, pass, strait, crisis Analogous words: chance, break, *opportunity, occasion, time …   New Dictionary of Synonyms

  • contingency — [n] chance happening; possibility accident, break, chance, crisis, crossroads, emergency, event, eventuality, exigency, fortuity, happening, if it’s cool*, incident, juncture, likelihood, occasion, odds, opportunity, pass, pinch, predicament,… …   New thesaurus

  • contingency — ► NOUN (pl. contingencies) 1) a future event or circumstance which is possible but cannot be predicted with certainty. 2) a provision for such an event or circumstance. 3) the absence of certainty in events …   English terms dictionary

  • contingency — An additional amount or percentage added to any cash flow item ( i.e. capex). Care is needed to ensure it is either to be spent or to remain as a cushion. Bloomberg Financial Dictionary * * * contingency con‧tin‧gen‧cy [kənˈtɪndʒənsi] noun… …   Financial and business terms

  • contingency — n. 1) to provide for every contingency 2) a contingency arises 3) an unforeseen contingency * * * [kən tɪndʒ(ə)nsɪ] a contingency arises an unforeseen contingency to provide for every contingency …   Combinatory dictionary

  • contingency — UK [kənˈtɪndʒ(ə)nsɪ] / US [kənˈtɪndʒənsɪ] noun [countable] Word forms contingency : singular contingency plural contingencies something that might happen in the future, especially something bad We like to be prepared for all contingencies. a)… …   English dictionary

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