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

译员李明，毕业于英国顶尖的高级翻译学院，专注翻译各种与调查和白领犯罪辩护有关的法律文件。