Define: Contingent Liabilities

UK Accounting Glossary

Definition: Contingent Liabilities

Quick Summary of Contingent Liabilities

Obligations that are not recognised in the balance sheet because they depend upon some future event happening.

What is the dictionary definition of Contingent Liabilities?

Dictionary Definition

Full Definition of Contingent Liabilities

Contingent Liabilities FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Contingent Liabilities. Payroll & Accounting Heaven Ltd. July 18, 2019
Chicago Manual of Style (CMS):
Contingent Liabilities. Payroll & Accounting Heaven Ltd. (accessed: July 18, 2019).
American Psychological Association (APA):
Contingent Liabilities. Retrieved July 18, 2019, from website:

Definition Sources

Definitions for Contingent Liabilities are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.