Definition of Contingency:
L to prepare for possible events.
In finance, managers often try to use predictive models to identify and plan for possible emergencies that they believe may arise. Money managers are cautious about minimizing risk and expect lower returns. An emergency plan can include managing the company's affairs to minimize stress as much as possible to deal with negative consequences.
Future events or situations that are possible, but cannot be predicted with certainty.
A condition that must be met before any action can be taken, an agreement is reached, an agreement is reached, a plan is prepared or conditions are imposed.
An emergency is a potential negative event that could occur in the future, such as an economic crisis, natural disasters, fraudulent activity, or a terrorist attack. Unexpected events can be prepared, but the nature and extent of these adverse events are often not known in advance. Companies and investors anticipate a number of possibilities in analyzing and implementing security measures.
A current situation, the outcome of which is unknown or unexpected.
Synonyms of Contingency
Occurrence, Guess, What might be, The attainable, The feasible, Extra, Incident, Incidental, Toss-up, Eventuation, Wager, Materialization, Touch and go, Blind bargain, Aptitude, Gamble, Probability, Undecided issue, Correlation, Double contingency, Subsidiary, Unessential, Exigency, Lucky shot, Hope, Hazard, Likeliness, Off chance, Appendage, Weakness, Occurrence, Potential, Condition, Chance, Freak accident, Addendum, Break, Aptness, Long shot, Strait, Possibility, Emergency, Liability, Realization, Sight-unseen transaction, Nonessential, Relativity, Secondary, Other, Good possibility, Chance hit, Accessory, Outside chance, Interrelation, Question, Chance, Collateral, Appurtenance, Hap, Not-self, Incident, Open question, Zero hour, Long odds, Conceivableness, Thinkability, Coming to be, Bare possibility, Possibility, Liableness, Proneness, Chance event, Occasion, Crisis, Conceivability, Happenstance, Outside hope, Pass, Event, Juncture, Emergency, What may be, Pinch, Thinkableness, What is possible, Auxiliary, Potentiality, Dependence, Remote possibility, Accidental, Accident, Even chance, Adjunct, Borderline case, Prospect, Addition, Virtuality, Accident, Conjuncture, Casualty, Contingent, Crossroads, Adventure, Likelihood, Event, Small hope, Possibleness, Happening, Piece of guesswork, Eventuality, Mere chance, Eventuality, Circumstance, Obligation, Juncture, The possible, Happening, Opportunity, Fluke, Supplement, Good chance, Incidence, Superaddition, Inessential, Fortuity, Turning point
How to use Contingency in a sentence?
- Many families implement maternity plans in bad weather and schools are canceled.
- An emergency is a potential adverse event that may occur in the future, such as an economic crisis, a natural disaster, or fraudulent activity.
- Christopher's father punished him after killing his sister and deprived her of all television privileges, a common possibility of this practice.
- A detailed agreement that seeks to anticipate all possible possibilities.
- Companies and investors anticipate a number of possibilities in analyzing and implementing security measures.
- Victoria's next move is likely to be to observe and study the company at least thirteen months in advance.
- Emergency plans may include purchase options or insurance options for an investment portfolio.
- To protect the bank from losses, one per cent of the capital has to be allocated for negative events such as negative ones.
Meaning of Contingency & Contingency Definition