What is the meaning of Contingent?

In context of liabilities, those liabilities that do not yet appear on the balance sheet (ie. Guarantees, supports, lawsuit settlements). For support or recourse, the trigger may occur at any time in the future.

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APABarry Goldsmith. (2010). contingent. Retrieved September 24, 2026, from http://smartdefine.org/contingent/definitions/1150634
ChicagoBarry Goldsmith. 2010. "contingent" http://smartdefine.org/contingent/definitions/1150634 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, contingent, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/contingent/definitions/1150634>.
MLABarry Goldsmith. "contingent" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/contingent/definitions/1150634>
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