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Noun: contingency  kun'tin-jun(t)-see
  1. A possible event, occurrence or result
    "They planned for every contingency, including severe weather";
    - eventuality, contingence
     
  2. The quality of being dependent on chance or circumstances
    "The contingency of human life on environmental factors"
     
  3. Something set aside for a possible future emergency
    "The company has a contingency fund for unexpected expenses"

Derived forms: contingencies

Type of: dependance [non-standard], dependence, dependency, happening, natural event, occurrence, occurrent

Encyclopedia: Contingency, Irony, and Solidarity