Mitigation vs. Contingency

Mitigationnoun

A reduction or decrease of something harmful or unpleasant.

Mitigationnoun

The act of mitigating, or the state of being mitigated; abatement or diminution of anything painful, harsh, severe, afflictive, or calamitous; as, the mitigation of pain, grief, rigor, severity, punishment, or penalty.

Mitigationnoun

to act in such a way as to cause an offense to seem less serious

Mitigationnoun

a partial excuse to mitigate censure; an attempt to represent an offense as less serious than it appears by showing mitigating circumstances

Contingencynoun

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

Contingencynoun

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

Contingencynoun

(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.

Contingencynoun

A statement which is neither a tautology nor a contradiction.

Contingencynoun

Union or connection; the state of touching or contact.

Contingencynoun

The quality or state of being contingent or casual; the possibility of coming to pass.

Contingencynoun

An event which may or may not occur; that which is possible or probable; a fortuitous event; a chance.

Contingencynoun

An adjunct or accessory.

Contingencynoun

A certain possible event that may or may not happen, by which, when happening, some particular title may be affected.

Contingencynoun

a possible event or occurrence or result

Contingencynoun

the state of being contingent on something

Contingencynoun

a future event or circumstance which is possible but cannot be predicted with certainty

Contingencynoun

a provision for a possible event or circumstance

Contingencynoun

an incidental expense

Contingencynoun

the absence of certainty in events

Contingencynoun

the absence of necessity; the fact of being so without having to be so.