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Contingent fee - How To Discuss

By William Howard |

Contingent fee,

Definition of Contingent fee:

  1. Method of remunerating agents, brokers, lawyers, etc., in which no fee is paid until the objective(s) of the arrangement (a court case, contract, sale, etc.) is won or achieved. However, the principal (client) is usually responsible for statutory charges and incidental expenses incurred in course of the action. Also called contingency fee.

  2. An estate for which inheritance is contingent on other factors; compare sense A. 9 (obsolete).

  3. = contingency fee.

How to use Contingent fee in a sentence?

  1. We are currently conducting a search for a Chief Financial Officer within our company using a search firm operating on a contingent fee based upon their success in locating a viable candidate.
  2. You must make sure to budget in everything for a purchase and that includes the cost of the contingent fee as well.
  3. They took my case on contingent fee because they knew I wouldnt be able to afford their fees at the start, and that I had a solid case that would assuredly win at trial.

Meaning of Contingent fee & Contingent fee Definition

Contingent Fee,

Contingent Fee: What is the Meaning of Contingent Fee?

  • You can define Contingent Fee as, Conditional commission is a form of payment in which payment is made only after the attainment of certain purposes. Unexpected fees are often paid to insurance brokers. Under these terms, they are paid only by signing the original sale or contract.

Literal Meanings of Contingent Fee

Contingent:

Meanings of Contingent:
  1. A group of people who share common characteristics and are part of a larger group.

  2. Sent randomly.

  3. It only happens or exists when (some circumstances) depend on the individual.

Sentences of Contingent
  1. A group of Japanese businessmen at the conference

  2. Work-dependent nature

  3. The resolution of the dispute depends on the signing of a ceasefire agreement

Synonyms of Contingent

party, conditional, accidental, group, band, body, fortuitous, unpredictable, unforeseeable, possible, set, unanticipated, unpredicted, chance, unforeseen, unlooked-for, unexpected, dependent

Fee:

Meanings of Fee:
  1. Pay (someone) for a service.

  2. Payment to professional or professional bodies or the public in exchange for advice or services.

  3. Well, especially those who do feudal work.

Sentences of Fee
  1. Others offer discounts on software purchases to users of their free online service.

  2. There is a legal fee of 000 3,000

Synonyms of Fee

wage, stipend, recompense, salary, payment, handout, emolument, give payment to, allowance, reward, pay, reimburse

Contingent Fee,

Definition of Contingent Fee:

  1. Contingent Fee means, Conditional commissions are payments where payments are not made unless a specific target is met. Insurance brokers usually charge an emergency fee. Under these terms, they are not paid until there is an actual sale or an agreement.

Literal Meanings of Contingent Fee

Contingent:

Meanings of Contingent:
  1. Random theme.

  2. It only occurs or exists when (specific circumstances) depend on the individual case.

  3. A group of people with similar characteristics becomes part of a larger group.

Sentences of Contingent
  1. Payment depends on the success of the survey.

Synonyms of Contingent

detachment, hingeing on, gang, company, mission, resting on, division, subject to, controlled by, deputation, hanging on, random, delegation, haphazard, squadron, based on, unit, determined by, cohort, section, bunch, corps

Fee:

Meanings of Fee:
  1. Payment for advice or services to a professional, professional or public body.

  2. State domains, especially those maintained under feudal terms of service.

Sentences of Fee
  1. They will have to pay قانونی 3,000 in legal fees.

Synonyms of Fee

percentage, dues, sum, amount, remuneration, toll, figure, price, commission, consideration, charge, tariff, earnings, honorarium, cost, rate