Managers may seek to proactively open credit lines while a company is in a strong financial position to ensure access to borrowing in less favorable times. For example, pending litigation would be considered acontingent liability. Contingency plans typically include insurance policies that cover losses ...
Another typical question buyers and sellers have iswhat active under contract means. The active contingent meaning is pretty straightforward. Active contingent means the same thing as “contingent.” A seller has accepted a buyer’s offer, and the property is technically off the market. The owner ...
Still, if the pending contract is contingent on a clean home inspection and the buyers back out, you may want to reconsider jumping in yourself. The home inspector might have found something that would make the property undesirable or even make it possible to renegotiate the purchase price. Som...
1 :dependent on or conditioned by something else Paymentis contingent on fulfillment of certain conditions. a plan contingent on the weather. 2 : likely but not certain to happen : possible. 3 : not logically necessary especially : empirical. Whats does contingent mean? “Contingent” in any s...
Ultimately, the purpose of a CVR is to get companies and shareholders on the same page, in agreement on terms that ensure a desired level of stock performance within a specified time frame. Types of Contingent Value Rights Contingent value rights come in two forms: exchange-traded and non-tra...
The meaning of contingent is not difficult to understand and neither is pending However, if you are not buying or selling real estate daily, there is quite a bit of lingo that can make you wonder. When you start looking real estate listings, you will come across properties in different stat...
This number is only expected to grow as more organizations make contingent workers a crucial part of their workforce strategies – and as more professionals embrace gig work to gain more flexibility, or to earn additional income. Contingent worker meaning Contingent workers work for an orga...
What Is the Capital Asset Pricing Model (CAPM)? What Is the Current Ratio? What Is a Covered Call? What Is Cobra? What Are Current Liabilities? What Are Charge-Offs? What Is Cost-Volume-Profit Analysis (CVP)? What Is a Contingent Annuitant?
What is a contingent liability?Liabilities:The second primary section of the balance sheet is liabilities. Liabilities are amounts owed to other entities for goods or services received. Liabilities may be current or long-term in nature. Current liabilities are those liabilities which will be paid ...
What Is a Coverdell ESA? What Is the Capital Asset Pricing Model (CAPM)? What Is the Current Ratio? What Is a Covered Call? What Is Cobra? What Are Current Liabilities? What Are Charge Offs? What Is Cost-Volume-Profit Analysis (CVP)? What Is a Contingent Annuitant? What Is a Captive...