Contingency-fee
noun
1.
.
noun
1.
a fee paid to a lawyer conducting a suit, especially a suit for damages, in the event that the suit is successful and generally based on a percentage of the sum recovered.
noun
1.
a lawyer’s fee that only becomes payable if the case is successful
Read Also:
- Contingency-plan
noun 1. a course of action to be followed if a preferred plan fails or an existing situation changes. 2. a plan or procedure that will take effect if an emergency occurs; emergency plan. noun a program of action designed for handling possible future circumstances or events
- Contingency-fund
noun, Accounting. 1. money or securities set aside to cover unexpected conditions or losses in business, usually supplementing a contingency reserve.
- Contingency-table
noun, Statistics. 1. the frequency distribution for a two-way statistical classification. noun 1. (statistics) an array having the frequency of occurrence of certain events in each of a number of samples
- Contingency-reserve
noun, Accounting. 1. an amount of money established from retained earnings to allow for unforeseen losses in business.
- Contingency-tax
noun 1. any new tax that would be necessary in case of a shortfall in revenues.