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


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Page URL
https://payrollheaven.com/define/contingent-liabilities/
Modern Language Association (MLA):
Contingent Liabilities. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 18, 2019 https://payrollheaven.com/define/contingent-liabilities/.
Chicago Manual of Style (CMS):
Contingent Liabilities. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/contingent-liabilities/ (accessed: July 18, 2019).
American Psychological Association (APA):
Contingent Liabilities. PayrollHeaven.com. Retrieved July 18, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/contingent-liabilities/

Definition Sources


Definitions for Contingent Liabilities are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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