contingency
A requirement that must be met before a contract can be considered legally binding.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
contingency
Noun: eventuality, contingency, contingence (a possible event or occurrence or result)
Noun: contingency (the state of being contingent on something)
- contingency -
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