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.

---

词条贡献者

双语律师Akira，国际知名法学院法律专业，擅长翻译各类与地产开发相关的法律文件。