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.
What is a contingent beneficiary and how does it differ from a primary beneficiary? Answer: A contingent beneficiary is the person or thing that receives the benefits of your account if the primary beneficiary can not. Contingent beneficiaries are next in line to receive benefits. Think of contingent beneficiaries as a back-up plan or alternative choice.