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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 interest or right but only a conditional one which will become effective upon the happening of the designated condition. A contingent remainder is the right to possess property after the death of a person who holds a life estate in the land provided a specified condition is fulfilled. An owner of land who grants a life estate to a son, with a remainder to a daughter if she marries, has created a contingent remainder, the contingency being the daughter's marriage.


adj. possible, but not certain. (See: contingent beneficiary, contingent interest, contingent fee)


adjective attributed to, coincidental, conditioned, consequential, dependent, dependent on, deeendent on circumstances, depending, due to, in a state of uncertainty, incident to, possible, provisional, resulting from, subject to, subject to terms, subsidiary
Associated concepts: contingent basis, contingent claim, contingent contract, contingent debt, contingent demand, contingent estate, contingent event, contingent exxectancy, contingent fee, contingent fund, contingent gift, contingent interest, contingent legacy, contingent liability, contingent life estate, contingent obligation, contingent reeainder, contingent right, contingent use, contingent will
See also: circumstantial, conditional, contingency, correlative, dependent, dubious, executory, extrinsic, incident, provisional, questionable, quota, reciprocal, related, restrictive, subject, tentative, uncertain

CONTINGENT. What may or may not happen;. what depends upon a doubtful event; as, a contingent debt, which is a debt depending upon some uncertain event. 9 Ves. It. 110; Co. Bankr. Laws, 245; 7 Ves. It. 301; 1 Ves. & Bea. 176; 8 Ves. R. 334; 1 Rose, R. 523; 3 T. R. 539; 4 T. R. 570. A contingent legacy is one which is not vested. Will. on Executors, h.t. See Contingent Remainder; Contingent Use.

References in periodicals archive ?
Change in fair value of contingently issuable non-voting membership units
Contingently Issuable Shares Based on Future Level of Income.
New drilling plans contingently involving horizontal well bores have been announced subject to the approval of the Northern Territory Department of Resources.
those contingently issueable under the terms of the Company's Share
Contingently issuable potential common shares (other than those covered by a contingent stock agreement, such as contingently issuable convertible securities) should be included in diluted EPS as follows:
Approximately one-quarter of the American workforce now works contingently," said M Squared CEO John Kunzweiler.
It only contingently decriminalized abortion by holding that Section 251 (as it then was) of the Criminal Code was so differentially administered throughout Canada that it violated the procedural guarantee of liberty under Section 7 of the charter of Rights.
As for Domesday Book itself, it was only contingently related to the purpose of the inquest and its outcome.
The identity of a given object is constructed retroactively and contingently by an activity of designating which never guarantees an internal resemblance between object and name--we never "reach the point at which language starts to function immediately as 'language of the Real'"--and which consists of a unified field of signifiers.
In a report released this December, the Geneva based Small Arms Survey group said the alliances between the two governments and rebel groups "indicate the extent to which the current rebellions in Sudan and South Sudan are part of a complicated set of dynamics in the border zone that only contingently occupy the framework of state politics".
The research - titled "Breakfast and exercise contingently affect postprandial metabolism and energy balance in physically active males" - was published online in the British Journal of Nutrition.