contingencies background

contingencies

/kənˈtɪndʒənsiz/ /kənˈtɪndʒənsɪz/

Illustration contingencies - Image 1

noun

Contingencias, imprevisibilidad

The quality of being contingent, of happening by chance; unpredictability.

Examples :

"We need to have money saved for unforeseen contingencies, like unexpected car repairs or medical bills. "

Necesitamos tener dinero ahorrado para contingencias imprevistas, como reparaciones inesperadas del coche o facturas médicas.

possibility outcome condition situation business finance insurance plan

Illustration contingencies - Image 1

noun

Contingencias, posibilidades, imprevistos

A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses.

Examples :

"We set aside some money in our budget to cover unexpected contingencies, like a broken washing machine or a sudden car repair. "

Apartamos algo de dinero en nuestro presupuesto para cubrir contingencias inesperadas, como una lavadora rota o una reparación repentina del coche.

possibility business finance insurance economy

Illustration contingencies - Image 1

noun

Contingencias, imprevistos

An amount of money which a party to a contract has to pay to the other party (usually the supplier of a major project to the client) if he or she does not fulfill the contract according to the specification.

Examples :

"The construction company built a 10% buffer for contingencies into their bid, knowing they would have to pay that amount to the school district if the new gymnasium wasn't finished by the start of the school year. "

La empresa constructora incluyó un margen del 10% para imprevistos en su oferta, sabiendo que tendría que pagar esa cantidad al distrito escolar si el nuevo gimnasio no estuviera terminado para el comienzo del curso escolar.

business finance law economy

Illustration contingencies - Image 1

noun

Contingencias, imprevistos

A statement which is neither a tautology nor a contradiction.

Examples :

"Our emergency plan included contingencies for a fire, an earthquake, or a power outage. "

Nuestro plan de emergencia incluía contingencias para un incendio, un terremoto o un corte de energía.

philosophy logic statement possibility