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Contingency vs Reservation - What's the difference?

contingency | reservation | Related terms |

As nouns the difference between contingency and reservation

is that contingency is the quality of being contingent, of happening by chance; unpredictability while reservation is the act of reserving, withholding or keeping back.

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

    reservation

    English

    Noun

    (en noun)
  • The act of reserving, withholding or keeping back.
  • Something that is withheld or kept back.
  • A limiting qualification (often used in the plural).
  • I have reservations about your intentions.
  • (US) A tract of land set apart by the US government for the use of a Native American people; Indian reservation (compare Canadian (reserve)).
  • An arrangement by which accommodation or transport arrangements are secured in advance.
  • (UK) The area which separates opposing lanes of traffic on a divided motorway.
  • (India) The setting aside of a certain percentage of vacancies in government institutions for members of backward and underrepresented communities (defined primarily by caste and tribe).
  • Synonyms

    * booking (5) * median (6) * median strip (6)

    Abbreviations

    * res, rez (Indian reservation)