Weba. : happening by chance or unforeseen causes. b. : subject to chance or unseen effects : unpredictable. c. : intended for use in circumstances not completely foreseen. contingent funds. 5. : not necessitated : determined by free choice. Webadjective non· con· tin· gent ˌnän-kən-ˈtin-jənt : not contingent especially : not dependent on, associated with, or conditioned by something else noncontingent debts The offer to purchase the property was noncontingent. … the property's being marketed for sale noncontingent on any rezoning or entitlement actions. Daniel J. Sernovitz Word History
Contingent Definition & Meaning Dictionary.com
WebIn its simplest form, contingency means “dependent on or conditioned by something else.”. Contingency in real estate is an agreement between the buyer and seller that the real estate transaction will go through only once (and if) the agreed-upon conditions are met. The buyer makes an offer, the seller accepts, but either party can withdraw ... Webnoun [ C, + sing/pl verb ] uk / kənˈtɪn.dʒ ə nt / us / kənˈtɪn.dʒ ə nt /. a group of people representing an organization or country, or a part of a military force: The French … how much snow in tahoe right now
Contingent vs. Pending: What You Need to Know - US News
WebContingencies are conditions that either the buyer or seller (or both) must meet for sale to go through. For example, a buyer may place an offer on a home, but the offer is contingent on the buyer selling their current home first or contingent on obtaining a mortgage. WebMar 2, 2024 · A contingent worker is someone hired by an organization to perform specific tasks. Also called freelancers, independent contractors or 1099 workers, contingent … 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. how much snow in st. paul mn