Topic: Meaning of Contingency
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What does Contingency Mean?
A particular condition that is specified in a purchase contract. An example would be if you were purchasing a house but still owned a house you could put a contingency stating you will buy the house if your house is sold. Read More »
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What does Contingent Mean?
The word contingent means that it is possible but not a certainty for an event to occur. In real estate you will often hear of a contingent sale. Look here for more information: http://www.audioenglish.net/dictionary/c... Read More »
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What Is the Meaning of Contingent Worker?
State and federal laws create a wide variety of obligations between employers and employees. Many of these obligations, however, do not apply to contingent workers that are not technically classified as employees. The relationship between e... Read More »
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Meaning of Contingency
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Contigent in real estate means depending on. Such as, this sale is contigent on the buyer aquiring a loan. Or this purchase is contigent upon the buyer sellling his own home first. This can be risky for the seller, as the sale could fall th...
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Contingent fees are paid to legal professionals depending on the outcome of a legal case. An agreement between a client and a lawyer may specify contingent fees only, or fixed fees in addition to contingent fees. Such arrangements could be ...
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When you engage in estate planning, you will need to name beneficiaries and contingent beneficiaries for many of your assets. A contingent beneficiary would receive your assets if your primary beneficiary is unable to.
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Contingent Upon has the same meaning as the phrase, depending on. Example: You'll receive your paycheck contingent upon you showing up at work everyday.
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what does a contingent mean on a bank statement.
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Reserves for unexpected expenses.
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