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Holdback vs Contingency - What's the difference?

holdback | contingency |

As nouns the difference between holdback and contingency

is that holdback is restraint (act or result of holding back, device that restrains) while contingency is (uncountable) the quality of being contingent, of happening by chance; unpredictability.

holdback

English

Noun

(en noun)
  • restraint (act or result of holding back, device that restrains)
  • The projection or loop, on the thill of a vehicle, to which a strap of the harness is attached, to hold back a carriage when going downhill, or in backing.
  • The strap or part of the harness so used.
    • (Webster 1913)

    contingency

    English

    (wikipedia contingency)

    Noun

  • (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.

    • Synonyms

    * (quality of happening by chance) possibility * See also

    Antonyms

    * (quality of happening by chance) inevitability, impossibility

    Coordinate terms

    * (statement which is neither a tautology nor a contradiction) contradiction, tautology

    Derived terms

    * contingency plan