Examples of 'contingent liability' in a sentence
Meaning of "contingent liability"
contingent liability: refers to a potential financial obligation or responsibility that may arise in the future depending on the outcome of certain events or circumstances
How to use "contingent liability" in a sentence
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contingent liability
There shall be no contingent liability on the budget.
An enterprise should not recognize a contingent liability.
Contingent liability for pending claims.
It does not cover the contingent liability.
Contingent liability shown as an actual liability.
The takeover was done without ever considering contingent liability.
A contingent liability may also arise as explained below.
The carrying amount of a contingent liability must be continually assessed.
Contingent liability motor insurance.
It therefore books more than anything else a contingent liability.
This contingent liability will be maintained until a decision is final.
Disclosed as a contingent liability.
Contingent liability reporting as required.
Outstanding contingent liability.
A contingent liability is defined as.
See also
Because of the remoteness of the risk no contingent liability was considered necessary.
We reduce our contingent liability by ceding reinsurance to other insurance companies.
Additional reporting obligations for portfolio management or contingent liability transactions.
Leave contingent liability.
The fund and the percentage charge will be reviewed periodically against assessment of contingent liability.
We increase our contingent liability by assuming exposure from other insurers.
The Group reiterated its belief in the merits of establishing a contingent liability reserve.
Says that numerous contingent liability claims will likely become.
Many Governments are now faced with increasing levels of contingent liability and sovereign risk.
Contingent liability is an obligation that has a probability of occurring in the future.
The bill proposes the use of contingent liability as the measure of taxpayer exposure.
A contingent liability is disclosed unless the possibility that it will be realized is remote.
The risks taken by the instrument would represent a contingent liability on the EU budget.
A contingent liability is.
The Panel notes that other Panels have found contingent liability claims not to be compensable.
A contingent liability exists when the responsibility of the Government for remediation is unconfirmed.
Contributing Member States would not bear any contingent liability above the amount of their guarantee.
O Report as a contingent liability the estimate of any future remediation work that may be required.
This cost will be reported to the Treasury Board as a contingent liability.
O Consider for contingent liability reporting if appropriate.
The funding requirements will be reported to Treasury Board as a contingent liability.
There will be no contingent liability for the Community.
Contingent liability reserve for the United Nations.
SOE debt is therefore a contingent liability on the Vietnamese government.
Contingent Liability A loan guarantee is a contingent liability of the government.
Consequently, this disagreement is treated as a contingent liability.
O Contingent liability reports.
Accordingly, this dispute is analyzed as a contingent liability.
Liability and contingent liability will be updated based on current Phase I ESA.
Banking-sector problems generate some contingent liability risks.
Contingent liability from enforcement of building by-laws.
Even if uncertain, a constructive obligation may need to be disclosed as a contingent liability.
Is contingent liability information mentioned in the notes?
Therefore, no provision has been made in the accounts for this contingent liability.
Contingent liability disclosed ; no provision recognized.
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