Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “contingency”

contingency

noun [C]
 
 
/kənˈtɪndʒənsi/ (plural contingencies)
something that might possibly happen in the future, usually causing problems or making further arrangements necessary: "While it is impossible to account for every contingency, the industry historically has met demand and fully expects to do so this winter," said the American Petroleum Institute.
an arrangement for dealing with something that might possibly happen or cause problems in the future: The report advises a minimum fund of three months' net income to provide a contingency against uncertainties in the future.
on a contingency basis LAW if you work for someone on a contingency basis, you agree that you will only be paid if you achieve a particular aim, for example, getting a successful result in a court of law: In personal injury cases many attorneys work on a contingency basis, so you will not have to pay them a fee up front.
(Definition of contingency from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of contingency?
Browse related topics

You are looking at an entry to do with Possible and probable, but you might be interested in these topics from the Chance and possibility topic area:

Add Cambridge dictionaries to your browser to your website

Definitions of “contingency” in other dictionaries

Word of the Day

give the green light to sth

to give permission for someone to do something or for something to happen

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More