Contingent


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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.
References in classic literature ?
The whole appearance of the dungeon might have appalled a stouter heart than that of Isaac, who, nevertheless, was more composed under the imminent pressure of danger, than he had seemed to be while affected by terrors, of which the cause was as yet remote and contingent.
cried she; "the man has done his duty; you shall not bait him thus by thoughts of what might have been; he relinquished a temporary and contingent good to avoid a permanent and certain evil he did well.
This phase of the many possibilities which he had realized might be contingent upon even the partial success of his work alone had escaped his consideration, so that the first wave of triumphant exultation with which he had viewed the finished result of this last experiment had been succeeded by overwhelming consternation as he saw the thing which he had created gasp once or twice with the feeble spark of life with which he had endowed it, and expire--leaving upon his hands the corpse of what was, to all intent and purpose, a human being, albeit a most grotesque and misshapen thing.
Two streams of people filled the sidewalks--the home-hurrying, and that restless contingent that abandons home for the specious welcome of the thousand-candle-power
You purchased a contingent reversion with it," the Marquis said darkly.
Monsieur, may I ask on what you base that contingent proposal?
The results of confession were not contingent, they were certain; whereas betrayal was not certain.
The tool they selected after a stay of several days in their camp outside the village was a tall, old headman of The Sheik's native contingent.
Staffing Industry Analysts is thrilled to be working with Volt Consulting Group and our partnership is creating something totally new and unique," said Bryan PeSa, Staffing Industry Analysts' VP of Contingent Workforce Strategies and Research.
NNA - Italian Under-secretary of State for Foreign Affairs Staffan de Mistura inspected on Wednesday his Country's contingent operating within UNIFIL in south Lebanon, at its Command headquarters in the town of Chamaa, Tyre Caza.
446-3; REG-16601202), introducing a new regime of tax accounting for contingent nonperiodic payments under notional principal contracts (NPCs)--also known as "swaps.
It often is difficult to determine the existence of a contingent liability.

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