Contingency vs Incidence - What's the difference?
contingency | incidence |
(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.
The act of something happening; occurrence
The extent, or the relative frequency of something happening
(physics) The striking of radiation or a projectile upon a surface
(epidemiology) A measure of the risk that a person develops a new condition within a specified period of time, usually a year.
