Contingency


 

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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

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 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 graph

Contingency graph

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




 
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