Meaning Of The Word Contingent liability

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  1. Real Dictionary
  2. C Words Definitions
  3. Section C-468
  4. Contingent liability

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Contingent liability Meaning

Contingent liability Definition
Contingent liability Definition

What's The Definition Of Contingent liability?

contingent liability in American English
noun: a liability dependent upon the occurrence of a particular event, as default by the maker of a guaranteed loan

contingent liability in British English
noun: a possible liability that is dependent on the outcome of a future event

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