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contingency (n.)

1560s, "quality of being contingent, openness to chance or free will, the possibility that that which happens might not have happened," from contingent + abstract noun suffix -cy. Meaning "a chance occurrence, an accident, an event which may or may not occur" is from 1610s.

Origin and meaning of contingency

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Definitions of contingency from WordNet

contingency (n.)
a possible event or occurrence or result;
contingency (n.)
the state of being contingent on something;
From wordnet.princeton.edu