arlington texas the dallas cowboys have refinanced about $ 435 million worth of debt for their new $ 1 1 billion stadium despite the troubled bond market team owner jerry jones said the old debt had a variable rate which has been a problem as the credit crisis caused some bond rates to fluctuate wildly this year
Contingent Liability. Definition: A contingent liability is either a possible obligation arising from past events and depending on future events not under an entity's control, or a present obligation not recognized because either the entity cannot measure the obligation or settlement is not probable.ontingent Liability. Definition: A contingent liability is either a possible obligation arising from past events and depending on future events not under an entity's control, or a present obligation not recognized because either the entity cannot measure the obligation or settlement is not probable.
Definition of Current Liabilities. In the accounting world, liabilities are financial obligations you have to another organization or individual. If part of your financing is a 20-year bank loan, that's a liability. One week into a pay period, the wages employees have earned - but you haven't yet paid - are liabilities. Current liabilities are liabilities that need to be paid in full within one year.