单词 | contingent liability |
释义 | > as lemmascontingent liability contingent liability n. a potential financial liability; (Accounting) a future financial liability which may only arise in specific circumstances or is difficult to quantify, but must be accounted for. ΘΚΠ society > trade and finance > management of money > insolvency > indebtedness > [noun] > a debt > other types of debt crown debt1641 debt of honour1646 oblata1658 judgment debt1702 bond-debt1707 rumple1746 contingent liability1798 overdraft1812 current liability1832 receivable1836 minority debt1897 negative equity1946 eligible liability1971 1798 C. Durnford & E. H. East Rep. Cases King's Bench VII. 366 Such debt is proveable although the consideration for it be a future contingent liability. 1844 Times 22 June 8/3 The separate covenants..created a separate debt from the date of such covenant, and not merely a contingent liability to pay after notice was given. 1897 Middletown (N.Y.) Daily Argus 15 Apr. 1/5 A contingent liability upon the indorsement of commercial paper of about $12,000. 1952 Law & Contemp. Probl. 17 10 Some..assume a contingent liability which may or may not result in actual payments to policyholders. 2002 D. Hey-Cunningham Financial Statem. Demystified (ed. 3) vi. 148 Items that probably will not occur or cannot be reliably measured are included as contingent liabilities. < as lemmas |
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