noun a group of people united by some common feature, forming part of a larger group
adjective dependent on certain conditions or occurrences that may or may not happen
In law, a contingent fee is a fee that is only paid if a specific outcome is achieved, such as winning a case.
In finance, contingent liabilities are potential liabilities that may arise depending on the outcome of a future event, such as a lawsuit.
In insurance, a contingent beneficiary is someone who will receive the benefits of a policy if the primary beneficiary is unable to do so.
In project management, a contingent plan is a plan that is put in place to address potential risks or changes in circumstances.
In military strategy, a contingent is a group of troops or forces that are prepared to act in response to a specific situation or order.
In the context of writing, 'contingent' may refer to a clause or statement that depends on certain conditions being met before it can be considered true or valid.
Psychologists may use 'contingent' to describe a behavior or response that is dependent on specific stimuli or circumstances.
A financial analyst may use 'contingent' to describe an event or outcome that is dependent on certain variables or factors.
In project management, 'contingent' may refer to a plan or action that is dependent on the occurrence of certain events or conditions.