contingent liability

A liability that will occur only if a specific event happens; a liability that depends on the occurrence of a future and uncertain event.

• In financial statements, contingent liabilities are usu. stated in footnotes.

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词条贡献者

双语律师Jerry，毕业于一所培养最顶级翻译人才的语言学院，擅长翻译各类与欧洲隐私及安全法相关的法律文件。