Contingent: Meaning

CONTINGENT meaning: 1. a group of people from the same country, organization, etc who are part of a much larger group…. Learn more. Contingent contracts Meaning Section 31 of the Indian Contracts Act 1872 deals with contingent contracts, which means the contingent contracts depend on the happening or non-happening of an event. This contract depends on unconditioned events that are to occur in the future. Illustration- X comes into a contract with Y to pay him Rs. 20,000 if he damages his car this can be termed as a contingent contract where the contract is based on a future event. A contract of insurance is a type of ... The meaning of CONTINGENT is dependent on or conditioned by something else. How to use contingent in a sentence. Synonym Discussion of Contingent . As an adjective, "contingent" refers to something that is dependent on certain conditions or circumstances . For example, a contingent event is one that may or may not happen, depending on other factors.