Business terms and jargon explained. Your business dictionary
What is Contingency
Is an alternative plan for when things do not go according to the original plan. It is the plan when things go wrong or a plan B when the plan a does not work as there is unexpected factor or event that was not planned for.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.