Contingency vs Readiness - What's the difference?
contingency | readiness |
(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 state or degree of being ready.
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, title=(The Celebrity), chapter=5
, passage=We expressed our readiness , and in ten minutes were in the station wagon, rolling rapidly down the long drive, for it was then after nine. We passed on the way the van of the guests from Asquith.}}