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What does Contingencies mean?

The word "contingency" means a possible future event or occasion. Often "contingency" is used with uncertainty and possibility. It can be used both as a noun and a adjective.
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What is life contingency?

When a person buys an annuity, a life contingency allows the  beneficiary to receive a payout if the person dies while they are  still paying into the plan.

What is contingent liability?

  A contingent liability is: (a) a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one (MORE)

What is contingent investment?

An asset in which the possibility of an economic benefit depends solely upon future events that can't be controlled by the company. Due to the uncertainty of the future events (MORE)

What is contingent contract?

A contingent contract is a contract to do or not to do something if  some events, collateral to such contract does or does not happen.    ====   A contingent contr (MORE)

What is contingency amount?

In general accounting practice, contingency amount means reserve or backup money. It will be used to manage a risk or an uncertain events. This amount will be allocated by per (MORE)