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Contingent means something dependent on certain conditions or circumstances, often uncertain or subject to change. It’s like having a plan B waiting in the wings, ready to be activated if the initial conditions fail to materialize. Imagine it as a backup strategy that comes into play only if specific triggers or events occur.
When something is contingent, its occurrence or validity depends on fulfilling certain prerequisites or factors. It could be a contingent offer of employment, pending the outcome of a background check, or a contingent agreement, subject to the approval of all parties. Contingency plans provide flexibility and adaptability, allowing for adjustments in response to unforeseen developments or changes in circumstances.
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External links
- Contingent Definition & Meaning – Merriam-Webster
- CONTINGENT Definition & Usage Examples – Dictionary.com
- What Does Contingent Mean In Real Estate? – Bankrate
- Contingent: What It Means In Real Estate – Rocket Mortgage
- Contingent – Definition, Meaning & Synonyms – Vocabulary.com
- Contingent Definition & Meaning – Britannica
- contingent | Wex | US Law – LII / Legal Information Institute
- CONTINGENT | definition – Cambridge Dictionary
- contingent – Wiktionary
- What Does ‘Contingent’ Mean In Real Estate? – Inman
- CONTINGENT definition in American English – Collins Dictionary
- contingent, adj. & n. meanings, etymology and more – Oxford English Dictionary
- 43 Synonyms & Antonyms for contingent – Thesaurus.com
- Contingent Definition & Meaning – YourDictionary
- CONTINGENT Definition & Legal Meaning – Black’s Law Dictionary
- Etymology of contingent – Online Etymology Dictionary
Deep
Rootmemory.com was founded by Deep Rana, who is a mechanical engineer by profession and a blogger by passion. He has a good conceptual knowledge on different educational topics and he provides the same on this website. He loves to learn something new everyday and believes that the best utilization of free time is developing a new skill.