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Contingent
(redirected from contingently)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 0.04 sec.
Contingent
In context of liabilities, those liabilities that do not yet appear on the balance sheet (ie. guarantees, supports, lawsuit settlements). For support or recourse, the trigger may occur at any time in the future.


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National interests were still viewed as separate, but were becoming contingently convergent.
04-8, The Effect of Contingently Convertible Debt on Diluted Earnings Per Share, that the effect of contingently convertible debt ("Co-Cos") should be treated from issuance date as part of diluted EPS, without regard to the "trigger" being reached on the contingent event.
``A lot of groups have just contingently approved it because the glass - after eight months of negotiation - is just more than half full,'' he said.
 
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