CONTINGENCY

Contingency

In philosophy and logic, contingency is the status of propositions that are neither true under every possible valuation nor false under every possible valuation . A contingent proposition is neither necessarily true nor necessarily false. Propositions that are contingent may be so because they contain logical connectives which, along with the truth value of any of its atomic parts, determine the truth value of the proposition. This is to say that the truth value of the proposition is contingent upon the truth values of the sentences which comprise it. Contingent propositions depend on the facts, whereas analytic propositions are true without regard to any ...

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contingency

Noun

  1. The quality of being contingent, of happening by chance; unpredictability.
  2. A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses.
  3. 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.
  4. A statement which is neither a tautology nor a contradiction.


The above text is a snippet from Wiktionary: contingency
and as such is available under the Creative Commons Attribution/Share-Alike License.

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