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What does contingency mean?

Looking for the meaning or definition of the word contingency? Here's what it means.

Noun
  1. (uncountable) The quality of being contingent, of happening by chance; unpredictability. [1560s]
  2. (countable) A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses. [1610s]
  3. (countable) An amount of money which a party to a contract has to pay to the other party (usually the supplier of a major project to the client) if he or she does not fulfill the contract according to the specification.
  4. (logic) A statement which is neither a tautology nor a contradiction.
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Other contingency plans include rookie Ryan Claridge and a potential return by ageless veteran Roman Phifer.
I think the only reason you're back now is because Plan A disintegrated and I'm your contingency.
As a result, India plans to airdrop food items in the capital under a contingency plan, the English-language Himalayan Times reported Sunday.
Fortunately, I have appealing contingency plans, but still first I'll apply myself to plan A with all my strength.
But at its best, especially in the fiction, there is a fantastic sense of energy, intellectual fearlessness, contingency, reckless dash.
And contingency, accident, and chance have their role to play in the development of life's web.

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