Contingent
/kənˈtɪn.dʒənt/
Definitions
- (adj.) Dependent on or conditioned by something else.
The contract's validity is contingent upon approval by the board.
- (adj.) Occurring by chance or not guaranteed.
Contingent liabilities may arise from pending lawsuits.
Forms
- contingently
Related terms
See also
Commentary
In legal drafting, clearly specifying the contingency conditions avoids future disputes regarding obligations or rights.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.