Phrases with «contingent liabilities»

Contingent liabilities refer to potential debts or obligations that might occur in the future, depending on certain events or conditions. It means that an entity may have to pay or settle these liabilities if certain circumstances arise. They are not definite obligations yet, but they present a possibility of becoming liabilities in the future. Full definition

contingent liabilities

Sentences with «contingent liabilities»

The uncertainty around the type of «debt» which is included in these transactions is clarified to include contingent liabilities. (webberwentzel.com)
You can typically purchase contingent liability coverage only after you have an occupational accident insurance plan in place. (trustedchoice.com)
Furthermore, the higher debt stock is also vulnerable to potential crystallization of contingent liabilities arising from the public sector, which includes the recapitalization of weak public sector banks or state - owned enterprises. (moodys.com)
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Phrases with «contingent liabilities»

Sentences with «contingent liabilities»

See also