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Contingent
(redirected from contingently)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 0.01 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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Second, lenders typically charge fees for making credit contingently available through a loan commitment but charge interest on a loan.
Loan Commitments: Issues Related to Pricing, Trading, and Accounting by General Accounting Office Reports & Testimony
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.
Ask FERF (financial executives research foundation) about ... recent ... by Orenstein, Edith G. / Financial Executive
``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.
LAUSD'S LAWSUIT SHARE MAY HAVE UNWANTED CATCH by Daily News (Los Angeles, CA)
 
 
 
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