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Definitions from the Web

Contingency

Description:

A contingency refers to an event or circumstance that may happen but is uncertain or not yet determined. It signifies a possibility or a potential outcome that depends on other factors.

Examples:

As a noun:

1. In case of a contingency, we should have a backup plan ready.

2. The team prepared for various contingencies before setting off on their expedition.

3. The company has allocated a budget to cover any unexpected contingencies that may arise.

As an adjective:

1. The decision was contingent upon the approval of the board.

2. A contingency plan is essential for ensuring business continuity during uncertain times.

3. The success of the event was contingent on good weather conditions.

Possible Related Products:

• Contingency Planning Books
• Contingency Management Tools
• Books on Contingency Theory