contingency background

contingency

/kənˈtɪndʒənsi/

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noun

éventualité, imprévisibilité

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

Examples :

"The weather forecast's contingency plans for rain included bringing in the outdoor tables. "

Les plans d'éventualité de la météo en cas de pluie comprenaient de rentrer les tables extérieures.

possibility situation outcome quality

Illustration contingency - Image 1

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noun

éventualité, possibilité, imprévu

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

Examples :

"The contingency fund will cover unexpected expenses, like a sudden repair needed for the family car. "

Le fonds de prévoyance couvrira les dépenses imprévues, comme une réparation soudaine nécessaire pour la voiture familiale.

possibility business finance insurance economy condition

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noun

Indemnité, dédommagement

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 included a large contingency in the contract, payable to the school district, in case the new building wasn't completed by the start of the school year. "

L'entreprise de construction a inclus une indemnité importante dans le contrat, payable au district scolaire, au cas où le nouveau bâtiment ne serait pas terminé avant la rentrée scolaire.

business finance law

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Illustration contingency - Image 2

noun

Éventualité, possibilité

A statement which is neither a tautology nor a contradiction.

Examples :

"The contingency plan for the school picnic states that if it rains, we'll have it in the gym. "

Le plan d'urgence pour le pique-nique scolaire stipule que s'il pleut, nous le ferons dans le gymnase.

logic philosophy statement