Audio pronunciation for
"contingent"

 

contingent: possible, but not certain, dependant on.

“Performance is contingent upon certain undertakings by the counterparty.”

Related term:
contingency fee (also contingent fee): fee arrangement which depends on the outcome of a case, usually a percentage of the amount of the settlement, award, or amount collected and which is due and payable only if there is a successful conclusion of the legal work.

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