Contingency

 

Home
Site Map
Add Term
Search
About Us
Contributors

Contingency

Provision within a contract that renders an agreement incomplete until a designated event such as a survey or inspection occurs.

Contingency

Action conditioned upon a certain event. Acceptance of the terms of a contract based on something else happening or certain conditions being met.



Contingency

Similar Matches

Contingency order

Contingency order

In the context of general equities, order to buy one security, if the trader can sell another, usually given that certain price limits or conditions reach a certain level. Swap, switch order.


Contingency order

Contingency order

An order to execute a transaction in one security that depends on the price of another security. Example: 'Buy the XYZ May 50 call at 3, contingent upon XYZ stock being at or above $52'.


Contingency graph

Contingency graph

A plot of the net profit to a speculator in currency options under various exchange rate scenarios.




 
All rights Reserved. Do not copy without permission.