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| con·tin·gen·cy [ kən tínjənssee ] (plural con·tin·gen·cies) |
noun |
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| Definition: |
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1. something that may happen: an event that might occur in the future, especially a problem, emergency, or expense that might arise unexpectedly and therefore must be prepared for
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2. something set aside for unforeseen emergency: provision made against future unforeseen events, e.g. an allocation of funds in a budget
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3. dependence upon chance: dependence upon chance or factors and circumstances that are presently unknown
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4. precondition in contract: a condition in a contract that has to be fulfilled before the contract is binding
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5. change in meaning produced by clause: in systemic grammar, a change in the meaning of the main clause brought about by the addition of a dependent clause introduced by "if," "when," "though," or "since"
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