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noun [countable] contingency pronunciation in British English /kənˈtɪndʒ(ə)nsi/ 
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Related dictionary definitions

  1. something that might happen in the future, especially something bad

    We like to be prepared for all contingencies.

    1. a.
      something done in order to prepare for a possible bad event
      contingency for:

      Most large businesses have cash reserves as a contingency for bad debts.

    2. b.
      [only before noun] used for describing plans or actions that help you to prepare for possible bad events

      contingency measures/plans/arrangements

      a contingency fund


a paid holiday given to a new employee before they start their job

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