A contingency is something that may or may no happen, something that is uncertain or unpredictable.
Pending Sale
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 percentage of the budgeted amount.
A standard contingency fee for a legal proceeding is 33% of any winnings. This means that if the lawyer does not win a settlement for the client, then the lawyer does not receive any payment.
The contingency variable is the thing that creates the difference in two things. If something is contingent on something else, it means that it won't happen unless something else happens first.
CTG is an abbreviation for "contingency". The contingency could be a house to sell, house to close, financing, or short sale. This usually means the the seller has accepted a contract based on a contingency. Depending on the type of contingency, and terms of the accepted contract, the seller may have the option to continue to show the property in search for a non contingent offer.
What is the meaning of contingency leadership in relation to Human Resource Management
use contingency in a sentence?
Disaster contingency plan
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The correct spelling isnon-contingency.
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