Webcontingency: [noun] a contingent event or condition: such as. an event (such as an emergency) that may but is not certain to occur. something liable to happen as an adjunct to or result of something else.

Webcontingency definition: 1. something that might possibly happen in the future, usually causing problems or making further…. Learn more.

Web17/10/2022 · Contingency planning normally involves the assignment of cash or capital reserves by a company to meet unforeseen events. It boils down to the ability to withstand shocks from the occurrence of an unexpected event through access to liquidity to offset negative financial impacts, such as a sustained period of poor sales and increased costs. …

WebDefine contingency. contingency synonyms, contingency pronunciation, contingency translation, English dictionary definition of contingency. n. pl. con·tin·gen·cies 1.

WebBritannica Dictionary definition of CONTINGENCY. [count] : something (such as an emergency) that might happen. In making our business plans, we tried to prepare for any contingency that might hurt sales. a contingency plan [=a plan that can be followed if an original plan is not possible for some reason] a contingency fund [=an amount of money ...

WebSynonyms for CONTINGENCY: possibility, event, contingent, contingence, case, eventuality, probability, accident, risk, hazard

Web30/11/2021 · Contingency is a potential negative event which may occur in the future such as a natural disaster, fraudulent activity or a terrorist attack. In finance, managers often attempt to identify and ...

Web29/04/2021 · A project contingency plan is an established, pragmatic set of actions that your team will follow if a predetermined risk materializes and makes your initial plan impossible. For example, your software development team is updating a website for a retail company. In the middle of the project, your lead full-stack developer accepts a position ...

WebContingency or Contingent may refer to: . Contingency (philosophy), in philosophy and logic Contingency plan, in planning; Contingency table, in statistics; Contingency theory, in organizational theory; Contingency theory (biology) in evolutionary biology Contingency management, in medicine; Contingent claim, in finance; Contingent fee, in commercial …

Webcontingency budget (cost contingency) Contingency budget, in the context of project management, is an amount of money that is included to cover potential events that are not specifically accounted for in a cost estimate. The purpose is to compensate for the uncertainty inherent in cost and time estimates, as well as unpredictable risk exposure .