WebMar 14, 2024 · Once a home is either contingent or pending, the seller is locked in with that buyer but may still accept backup offers from other buyers. (Getty Images) Property … WebMar 31, 2024 · The contingent beneficiary is a backup recipient if the primary beneficiary can’t receive the death benefit. If the primary beneficiary can receive the benefit, then the contingent beneficiary won’t receive anything. If you want more than one person to split the benefit, you should name more than one primary beneficiary.
Contingency - definition of contingency by The Free Dictionary
Webcontingent adjective con· tin· gent kən-ˈtin-jənt 1 : likely but not certain to happen compare executory 2 : intended for use in circumstances not completely foreseen a contingent fund 3 : dependent on or conditioned by something else a contingent claim a legacy contingent on the marriage compare vested More from Merriam-Webster on contingent WebContingent. Fortuitous; dependent upon the possible occurrence of a future event, the existence of which is not assured. The word contingent denotes that there is no present … fort white high school florida
What is a Contingency Plan? - TechTarget
WebFeb 16, 2024 · Companies hire contingent employees and contract employees for a specific project or pre-determined amount of time. A contingent worker does not earn a salary from the employer. Instead, they receive payment per hour worked or commissions for the work they complete. Contract employees who supplement or replace the company's full-time … Webcontingency: [noun] a contingent event or condition: such as. an event (such as an emergency) that may but is not certain to occur. something liable to happen as an adjunct to or result of something else. Webcontingency. Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental. For example, contingency in a contract of sale & purchase of goods may state that payments must be made within 40 days from delivery of goods, failing which, the seller ... fort white high school website