Definition Of Contingent

Definition of a quote . The word "conditional" indicates that there is in fact no interest or right, just a condition that takes effect when the specified condition is met. This is usually disclosed in the director's statement.

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Finally, the sale goes into a "pending" status, which means that the issues have been resolved and the transaction is almost complete. Submission, on the other hand, refers to the act of submission, the vague realm of submitting one thing to another. The earliest known use of quotas dates back to 1561.

To simplify the definition, a contingent liability is a potential liability that may or may not become an actual liability depending on the occurrence of events.


Quota and pending are two terms that are often confused but refer to different parts of the sales cycle. When a company goes under, there is no need to formally lay off employees or pay them forever. This is usually disclosed in the director's statement.

If there is confidence in the execution.


The amount of this compensation may be significant depending on the subsequent development of the acquired business. Finally, the sale goes into a "pending" status, which means that the issues have been resolved and the transaction is almost complete. "The action depends on weather conditions," "ie.

The earliest known use of quotas dates back to 1561.


Random Event or Condition: Adjective unclear due to uncontrollable circumstances “The results of the friendship were not accidental, they were. An event (eg emergency) that may, but need not... see full definition.

[adjective] Dependent or conditioned by something else.


A contingent liability is recognized when the terms in which said reimbursement will be calculated and paid form part of it. If the volume of work increases, you can invite your temporary workers.

Condition (often followed by on or on):


Conditional noun an event that may or may not occur; The word "conditional" indicates that there is in fact no interest or right, just a condition that takes effect when the specified condition is met. Like a contingent liability, a contingent asset is "one-time."

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