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Translations for „contingency clause“ in the English » German Dictionary (Go to German » English)

con·ˈtin·gen·cy clause N LAW

contingency clause N INSUR

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
If the offer contains a mortgage contingency clause, the buyer has some protection because the lender will insist on an appraisal.
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A mortgage financing contingency clause protects you if, say, you lose your job and the loan falls through or the appraisal price comes in over the purchase price.
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Contingency clauses also offer a form of protection.
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