Today's Market

updated 8 hours ago Sponsored by:
DOW 17,827.75 12.81 0.07%
S&P 500 2,072.83 5.80 0.28%
NASD 4,787.32 29.07 0.61%

Community: Investing Wiki

Term Of The Hour

probable contingent liabilities: Original post by Austin Berry of Demand Media A contingent liability must be probable and estimable to be recorded in corporate accounts. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/129/213/78463146.jpg?w=700&h=700&keep_ratio=1 Comstock/Comstock/Getty Images Contingent liabilities are potential costs to a business that are accounted for based on the…

Want to learn more or edit this definition?
Click here to read more!