Fandom

The IT Law Wiki

Contingent liability

32,297pages on
this wiki
Add New Page
Talk0 Share

Definition Edit

Contingent liability is

[a]n existing condition, situation, or set of circumstances that poses the possibility of a loss to an [individual or organization] that will ultimately be resolved when one or more events occur or fail to occur.[1]

References Edit

  1. A Glossary of Terms Used in the Federal Budget Process, 35.

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.

Also on Fandom

Random Wiki