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.
contingent fee. Method of remunerating agents, brokers, lawyers, etc., in which no fee is paid until the objective(s) of the arrangement (a court case, contract, sale, etc.) is won or achieved. However, the principal (client) is usually responsible for statutory charges and incidental expenses incurred in course of the action.