contingent liability
contingent liability see liability 2a

Merriam-Webster’s Dictionary of Law. . 1996.

contingent liability
n.
Potential liability; liability that will accrue if some specific event occurs first.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


contingent liability
USA
contingent obligation, Also known as contingent liability.
An obligation that is not presently fixed and absolute, but which will become so on the happening of some future and uncertain event.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


contingent liability

Webster's New World Law Dictionary. . 2000.

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