Definition of Contingency
Contingency
con·tin·gen·cy
Definition/Meaning
(noun)
A future event or circumstance that is possible but not certain.
e.g. The company's contingency plan ensured business continuity in case of a natural disaster.
(noun)
some arrangement that is made in preparation/anticipation of a unexpected circumstance or event that could arise;
e.g. You should always keep a spare tire in your car as a contingency for a flat tire.
(noun)
the state or quality of being possible but uncertain, used to describe an event;
e.g. They haven't finalized their plans due to the contingency of the weather.
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