Contingency
/kənˈtɪn.dʒən.si/
Meaning & Definition
noun
a future event or circumstance that is possible but cannot be predicted with certainty.
The company established a contingency plan in case of unexpected market fluctuations.
a provision for an unforeseen event or circumstance.
They set aside a contingency fund to cover any emergencies that might arise.
an event that may occur but is not certain.
The project includes a contingency for delays related to weather conditions.
the condition of being contingent; dependence on chance or uncertain conditions.
Her acceptance into the program was subject to the contingency of adequate funding.
Etymology
From Latin 'contingentia', meaning 'a touching, connection'.
Common Phrases and Expressions
contingency plan
A strategy for dealing with possible adverse situations.
contingent upon
Dependent on a condition or event.
plan for contingencies
To prepare for unforeseen events.
Related Words
contingent
Dependent on something else; conditional.
eventuality
An occurrence or situation that may arise.
provision
The action of providing or supplying something for use.
Slang Meanings
Backup plan
I always have a contingency just in case.
Plan B
We need to have a contingency ready if this doesn't work out.