The difference between Contingency and Possibility

When used as nouns, contingency means the quality of being contingent, of happening by chance, whereas possibility means the quality of being possible.

check bellow for the other definitions of Contingency and Possibility

  1. Contingency as a noun (uncountable):

    The quality of being contingent, of happening by chance; unpredictability.

  2. Contingency as a noun (countable):

    A possibility; something which may or may not happen. A chance occurrence, especially in finance, unexpected expenses.

  3. Contingency as a noun (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.

  4. Contingency as a noun (logic, countable):

    A statement which is neither a tautology nor a contradiction.

  1. Possibility as a noun:

    The quality of being possible.

  2. Possibility as a noun:

    A thing possible; that which may take place or come into being.

  3. Possibility as a noun:

    An option or choice, usually used in context with future events.

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