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.
You can see that we describe long-term liabilities as either operating or financing. Operating liabilities are obligations created in the course of ordinary business operations, but they are not created by the company raising cash from investors. Financing liabilities are debt instruments that are the result of the company raising cash.