Student or Learner
could you please tell me whether there is a difference between "possible" and "contingent"?
Thanks a lot!
So what's the difference between "possible losses" and "contingent losses" or "possible impacts" and "contingent impacts"?
Wouldn't it have been better to ask that straight off!?
I know I should have asked "what is the difference" and NOT "whether there is a difference", but I intentionally didnīt give specific examples because I wanted a general answer to a general question. Hope there is someone who can give me that answer instead of analysing my question
Possible = capable of happening.
Possibility = potential.
Contingent = dependent.
Contingency = alternative.
-It's possible to skateboard down the Guggenheim Museum spiral, but doing it contingent on having a skateboard.
-The possibility of surviving a fall from an airplane in flight is contingent on wearing a parachute.
-If getting into the vault wasn't possible, she had a contingency plan.
Hope that helps!
OK. So now tell us, what's the difference between "possible losses" and "contingent losses"; and "possible impacts" and "contingent impacts"?