Definition, Meaning & Synonyms
contingencies
noun
/kənˈtɪn.dʒən.siːz/
Definition
Events or conditions that may occur in the future, often affecting plans or decisions.
Examples
- Businesses often prepare for various contingencies to mitigate risks.
- In life, it’s wise to plan for contingencies, such as unexpected expenses.
- The contingency plan was put into action when the original strategy failed.
Meaning
In a broader sense, contingencies refer to potential outcomes that could happen depending on certain circumstances. These can include unforeseen events.
Synonyms
- possibilities
- uncertainties
- eventualities
- alternatives
