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Gamble vs Contingency - What's the difference?

gamble | contingency | Related terms |

Gamble is a related term of contingency.


As a proper noun gamble

is .

As a noun contingency is

(uncountable) the quality of being contingent, of happening by chance; unpredictability.

gamble

English

(wikipedia gamble)

Noun

(en noun)
  • A significant risk, undertaken with a potential gain.
  • A risky venture
  • ''The sailors had taken many gambles with the sea and always won.

    Verb

    (gambl)
  • To take a risk, with the potential of a positive outcome.
  • To play risky games, especially casino games, for monetary gain.
  • To risk (something) for potential gain.
  • He gambled his reputation on the outcome.
  • To interact with equipment at a casino
  • See also

    * game of chance

    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