Contingency vs Crisis - What's the difference?
contingency | crisis |
(uncountable) The quality of being contingent, of happening by chance; unpredictability.
(countable) A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses.
(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.
(logic, countable) A statement which is neither a tautology nor a contradiction.
A crucial or decisive point or situation; a turning point.
An unstable situation, in political, social, economic or military affairs, especially one involving an impending abrupt change.
A sudden change in the course of a disease, usually at which the patient is expected to recover or die.
(psychology) A traumatic or stressful change in a person's life.
(drama) A point in a drama at which a conflict reaches a peak before being resolved.
