contingent event
[kən-ˈtin-jənt ɪ-ˈvent]
nounpl: contingent events
evento contingente
1. An event that may or may not occur; an event whose occurrence is dependent on uncertain conditions or future circumstances
The company's expansion plans include contingent events such as obtaining regulatory approval.
Os planos de expansão da empresa incluem eventos contingentes, como obter aprovação regulatória.
2. In legal and business contexts, an occurrence that is possible but not certain, often used in contracts and insurance
The insurance policy covers contingent events that may arise during the construction period.
A apólice de seguro cobre eventos contingentes que podem surgir durante o período de construção.
3. In logic and philosophy, an event that is neither necessarily true nor necessarily false but depends on external factors
Whether the project succeeds is a contingent event dependent on market conditions.
Se o projeto terá sucesso é um evento contingente dependente das condições de mercado.
In Brazilian business and legal contexts, the term 'evento contingente' is widely used in contracts, risk assessments, and insurance documentation. It reflects the importance of contingency planning in corporate governance. In the USA, this term is frequently used in financial reporting and contract law, particularly in discussions of potential liabilities and uncertain future outcomes.
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