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contingency fee

noun

Simple Definition of contingency fee

  • : a payment that you make to a lawyer only if the lawyer wins your case in court

Full Definition of contingency fee

  1. :  a fee for services (as of a lawyer) paid upon successful completion of the services and usually calculated as a percentage of the gain realized for the client —called also contingent fee

1905

First Known Use of contingency fee

1905


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