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.
Current liabilities. Current liabilities are obligations of a company that are payable within one year of the date of the balance sheet (and will require the use of a current asset or will be replaced with another current liability).