contingency - definition and synonyms

noun [countable] 

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/kənˈtɪndʒ(ə)nsi/
singularcontingency
pluralcontingencies
  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.