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Definitions of contingent upon. adjective. determined by conditions or circumstances that follow. synonyms: contingent, contingent on, dependant on, dependant upon, dependent on, dependent upon, depending on conditional. imposing or depending on or containing a condition.
Is contingent on or upon?
dependent for existence, occurrence, character, etc., on something not yet certain; conditional (often followed by on or upon): Our plans are contingent on the weather. liable to happen or not; uncertain; possible: They had to plan for contingent expenses.
How do you use contingent upon in a sentence?
Contingent upon sentence example What to look for in a girls’ bathrobe is entirely contingent upon what your daughter’s personality is like (and what styles she likes). While entry pay for military members is relatively low, promotion is not contingent upon the completion of a college degree.
Is not contingent upon meaning?
: not contingent especially : not dependent on, associated with, or conditioned by something else noncontingent debts The offer to purchase the property was noncontingent. ….
What is contingent example?
When an event or situation is contingent, it means that it depends on some other event or fact. For example, sometimes buying a new house has to be contingent upon someone else buying your old house first. That way you don’t end up owning two houses!.
What does contingent mean in school?
Contingency contracts are good examples of individual contingencies. These contracts describe in writing an if-then relationship indicating the target student, the student’s behavior, and the criterion needed in order for the student to receive access to a consequence. Similarly, the criterion may vary across students.
Can you put an offer on a house that is contingent?
In most cases, putting an offer in on a contingent home is an option to consider. Although it doesn’t guarantee you’ll close on the home, it does mean you could be first in line should the current contract fall through. Putting an offer in on a contingent home is similar to the homebuying process of any active listing.
How many people are in a contingent?
contingent2 noun [countable] 1 GROUP OF PEOPLEa group of people who all have something in common, such as their nationality, beliefs etc, and who are part of a larger group Has the Scottish contingent arrived yet?.
What does contingent mean on Zillow?
If you see the word “contingent” on your listing, it means that your buyer is working through any contingencies that were a part of their offer — like a financing contingency, home inspection contingency, or buyer home sale contingency.
What does contingent mean in employment?
Contingent employment means a worker’s position with a company is temporary. The individual is not an employee of the business, and therefore isn’t hired on a permanent basis. Typically, contingent workers are hired to complete a project. Contract workers are on the Employer of Record’s payroll, not your client’s.
What is contingent in social science?
First, it means that social changes and patterns are not strongly law governed. So historical processes and sequences are contingent, and we need to pay close attention to the path dependency of social happenings. Another key kind of contingency has to do with the composition of social entities.
Whats the difference in pending and contingent?
A property listed as contingent means the seller has accepted an offer, but they’ve chosen to keep the listing active in case certain contingencies aren’t met by the prospective buyer. If a property is pending, the provisions on a contingent property were successfully met and the sale is being processed.
What does contingent mean for beneficiaries?
A contingent beneficiary is a person alternatively named to receive the benefits in a will or trust. In insurance contracts, a contingent beneficiary is one who benefits when the prior beneficiary of the policy is unable receive the benefit.
Is contingency a group of people?
A contingent is a group of people representing a country or organization at a meeting or other event.
What are contingency plans?
A contingency plan is a plan devised for an outcome other than in the usual (expected) plan. It is often used for risk management for an exceptional risk that, though unlikely, would have catastrophic consequences. Contingency plans are often devised by governments or businesses.
How do you beat a contingent offer?
Here are just a few that can help you beat out the competition: Get approved for your mortgage. Waive contingencies. Increase your earnest money deposit. Offer above asking price. Include an appraisal gap guarantee. Get personal. Consider a cash offer alternative.
Can a buyer back out of an accepted offer on a house?
Can you back out of an accepted offer? The short answer: yes. When you sign a purchase agreement for real estate, you’re legally bound to the contract terms, and you’ll give the seller an upfront deposit called earnest money.
What does family contingency meaning?
A contingency is an event you can’t be sure will happen or not. The noun contingency describes something that might or might not happen. We use it to describe an event or situation that is a possible outcome but one that’s impossible to predict with certainty.
How long is a contingent offer good for?
A contingency period typically lasts anywhere between 30 and 60 days. If the buyer isn’t able to get a mortgage within the agreed time, then the seller can choose to cancel the contract and find another buyer.
Why would a house be contingent?
Buying a house is still one of the top ways to build wealth, and real estate sales are up. That’s why most home sales are made “contingent” on what happens next, which allows buyers to back out if something goes wrong as the sale moves through the process on the way to completion.
Can a seller get out of a contingent offer?
To put it simply, a seller can back out at any point if contingencies outlined in the home purchase agreement are not met. These agreements are legally binding contracts, which is why backing out of them can be complicated, and something that most people want to avoid. They can’t find another home to move into.
What race contribute most contingent workers?
Note: People whose ethnicity is identified as Hispanic or Latino may be of any race.Karen Kosanovich. Work arrangement Contingent workers On-call workers 21.1 Temporary help agency workers 42.0 Workers provided by contract firms 15.0 With traditional arrangements 3.1.
What is full contingent?
Full Definition of contingent (Entry 1 of 2) 1 : dependent on or conditioned by something else Payment is contingent on fulfillment of certain conditions. a plan contingent on the weather. 2 : likely but not certain to happen : possible. 3 : not logically necessary especially : empirical.
What does contingent mean on Realtor?
Share. A contingent offer means that an offer on a new home has been made and the seller has accepted it, but that the final sale is contingent upon certain criteria that have to be met.
