Phrases with «contingent assets»

"Contingent assets" refers to the possibility of having additional assets or financial benefits in the future, but their existence is uncertain and depends on the occurrence of certain events or conditions. These assets may become available if specific conditions are met or certain events happen. Full definition

contingent assets

Sentences with «contingent assets»

By way of background, contingent asset arrangements provide a pension scheme with assets where certain events occur, such as an insolvency event in respect of the scheme's employer. (shlegal.com)
The Company prepares its consolidated financial statements in conformity with generally accepted accounting principles in the United States of America («GAAP»), which requires it to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of sales and expenses during the reporting period. (sec.gov)
Establishing nearly 20 «Contingent Asset Agreements» over real estate to be certified to the Pension Protection Fund. (burges-salmon.com)
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Phrases with «contingent assets»

Sentences with «contingent assets»

See also