n. an event that might not occur.

1560s, "quality of being contingent," from contingent + -cy. Meaning "a chance occurrence" is from 1610s.

Balancing Authority Area Gross Load. [T]

A requirement or qualification stated in a contract that must be met before the contract is final.

Contingency. See Special Condition.

Contract A contract is a legally binding agreement between two parties, and in order to have a valid Contract of Sale in real estate there must be: an offer, an acceptance, competent parties, consideration, legal purpose, written documentation, description of the property, and signatures of the principals.

possibility dependent on something unknown or uncertain.

As a result of risk analysis sums of money or amounts of time may be set aside as contingency which may be used in the event of risks occurring. Editor's Note: Contingency should be shown in the [..]

Provision made for use in the event of unexpected circumstances, which could lead to an extension in time or costs.  Bidders may include contingencies in their offers for acceptance of risk, for poten [..]

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purcha [..]

Something that must occur before something else happens. Often used in real estate sales when a buyer must sell a current home before purchasing a new one. Or, when a buyer makes an offer that requires a complete home inspection before it becomes official.

A provision in a contract that keeps it from becoming binding until a certain event happens. A satisfactory inspection report might be a contingency.

n. Possibility of happening.

A condition that must be met before a contract is legally binding. For example, home purchasers often include a contingency that specifies that the contract is not binding until the purchaser obtains a satisfactory home inspection report from a qualified home inspector.

Definitions (3) 1. An event that may or may not occur.

pl: -cies 1 : the quality or state of being contingent 2 : a contingent event or condition: as a : an event that may but is not certain to occur [a that made performance under the contract ...

A designated amount of a budget which is added in anticipation of potential cost overruns.

An event that might happen but that is not likely or planned.

A condition that must be satisfied before a contract is legally binding before a sale can close.

(n) - a chance, accident or possibility

An amount budgeted (usually a percentage of total construction costs) to cover unexpected hard costs or soft costs.

With respect to Radiation Protection , contingency means preparing for, and taking action, in the event of an unplanned release of Radioactive material or other unplanned Radiation incident which coul [..]

An additional amount or percentage to any cash flow item (such as capital expenditures) that is needed to provide a cushion.

An economic event, gain or loss, that is in the process of occurring or not occurring.

A condition in an offer sheet or contract that must be met before the deal can go forward.

A protection plan for some unlikely occurrence. For example, a home purchase contract may be contingent on the home passing inspection or on successfully obtaining a mortgage loan. Learn more...

A budgetary reserve set aside for emergencies or unforeseen expenditures.

An economic event, gain or loss, that is in the process of occurring or not occurring.

A contingency is a future event that may or may not happen. In the legal sense, a contingency is something that has to happen before a contract or agreement goes into effect. Contingencies are common [..]

A condition that must be met before a contract is binding.

(n) a possible event or occurrence or result(n) the state of being contingent on something

The unexpected failure or outage

The estimated costs of the “known-unknowns” (mostly undefined items that are known to the cost estimator based on past experience but with uncertainty regarding amounts). [source]

An unplanned event creating an outage of a critical system component such as a transmission line, transformer, or generator.

An outage of a transmission line, generator or other piece of equipment, which affects the flow of power on the transmission network and impact other network elements.

A condition in a contract that must be met for the contract to be binding.

Something that must occur before something else happens. Often used in real estate sales when a buyer must sell a current home before purchasing a new one. Or, when a buyer makes an offer that require [..]

A specified condition that must be met before a contract is legally binding. The two most common contingencies in home purchasing are that 1) the house must pass the home inspection, and 2) the borrower must get the loan.

is the unexpected failure or outage of a system component, such as a generator, transmission line, circuit breaker, switch or other electrical element. A contingency may also include multiple componen [..]

An event, usually involving the loss of one or more elements that affects the power system at least momentarily.

An additional amount/percentage set aside against a cash flow item, e.g. capital expenditure. For liabilities, those that do not appear on the balance sheet until they crystallise, e.g. guarantees, su [..]

A designated amount of a budget that is added in anticipation of potential cost overruns.

An unforeseen occurrence.

Making arrangement's for a unknown situation, may be positive or negative E.g. Contingency fund - Moines set aside as insurance for a possible future problem that can be solved with a cash paymen [..]

A relationship between a class of responses and a class or classes of stimuli. Implies nothing about the nature of the relationship or its effects.

A dependency or a causal relationship.

In the operant case, the conditions under which a response produces a consequence (e.g., in an FI, the reinforcer is said to be contingent on a response of a given force, topography, etc., as well as [..]

In respondent conditioning, contingency refers to a correlation between CS and US. Rescorla (1972) has suggested that a positive correlation between CS and US, rather than the mere pairing of these st [..]

The relationship between a kind of response, the stimuli which precede it, and the stimuli which follow. All three terms must be specified in a complete statement of a contingency. The plural of conti [..]

that is not direct acting. Either an indirect acting contingency or an ineffective contingency.

The term contingency also applies to respondent cases, referring to the conditions under which some stimuli are followed by others. By analogy to the operant case, stimulus-stimulus contingencies expr [..]

(1) In operant conditioning. the temporal, intensive, and topographical conditions under which a response is followed by a positive or negative reinforcing stimulus or the removal of either of these. [..]

A factor that affects the effectiveness of shaping behavior via consequences (reinforcements or punishments). “If a consequence does not contingently (reliably, or consistently) follow the target resp [..]

A condition that must be met before a contract is legally binding. For example, home purchasers often include a contingency that specifies that the contract is not binding until the purchaser obtains [..]

A possible event that must be prepared for such as an emergency (USAID Automated Directives System - ADS - Chapter 502, 511).

A legal requirement in a contract, often with a time limit, which must be fulfilled for the contract to remain valid. Buyers often include contingencies related to appraisal of the property, ability to obtain financing, approval of inspection results, obtaining clear title to the property, and so on.

A condition that must be met for a contract or a commitment to remain binding.

A contingency is defined as an existing condition, situation, or set of circumstances involving uncertainty as to possible gain or loss to a company that will ultimately be resolved when one or more f [..]

(uncountable) The quality of being contingent, of happening by chance; unpredictability.en|possibility * See also

A condition that must be met before a contract is legally binding. For example, home purchasers often include a contingency that specifies that the contract is not binding until the purchaser obtains a satisfactory home inspection report from a qualified home inspector.

An additional amount or percentage added to any cash flow item (ie. Capex). Care is needed to ensure it is either to be spent or to remain as a cushion.