Contingent liability

Contingent liability读音音标

英 [kənˈtindʒənt ˌlaiəˈbiliti]

美 [kənˈtɪndʒənt ˌlaɪəˈbɪlɪti]

Contingent liability意思解释

释义

临时负债，或有负债；

英英释义

Contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of a future event such as a court case. These liabilities are not recorded in a company\'s accounts and shown in the balance sheet when both probable and reasonably estimable as \'contingency\' or \'worst case\' financial outcome.