Meaning Contingent

There are two ways contingent liability can be defined. A group of people representing an organization or country or a part of a military force.

Pin On Ilearning Campus

It means an offer on a home has been made and the seller has accepted but the sale is contingent on certain criteria being met.

Meaning contingent. Each nation sent a contingent of athletes to the Olympics assemblage gathering - a group of persons together in one place 2. It is a contract to do or not to do something with reference to a collateral event happening or not happening. Dependent upon the possible occurrence of a future event the existence of which is not assured.

Status of propositions that are neither always true nor always false. On Redfin there are different types of contingent statuses. Chance random casual uncertain More Synonyms of contingent.

Contingent liability as a term does not apply only to companies but to individuals as. Contingent definition dependent for existence occurrence character etc on something not yet certain. An event or condition that is likely but not inevitable.

Onupon Synonyms. If something is contingent on something else the first thing depends on the second in order to happen or exist. A group of people representing an organization or country or a part of a military force.

It is a promise to give money or moneys worth with reference to an uncertain event happening or not happening. Not logically necessary especially. The adjective contingent can be used to describe something that can occur only when something else happens first.

When an event or situation is contingent it means that it depends on some other event or fact. In philosophy and logic contingency is the status of propositions that are neither true under every possible valuation ie. Thus the truth we establish is contingent on the circumstances.

This is because the happening or not happening of a contingent liability is not in the hand of us. Dependent on or conditioned by something else Payment is contingent on fulfillment of certain conditions. A contingent proposition is neither necessarily true nor necessarily false.

A plan contingent on the weather. Entry 1 of 2 1. If the contingent status has a kick-out clause it means that theres a deadline for the buyer to fulfill all contingencies.

Likely but not certain to happen. Contingent With Or Without A Kick-Out Clause. Making money is contingent on finding a good-paying job.

Formal In effect growth is contingent on improved incomes for the mass of the low-income population. What does contingent mean. For example Contingent - Show means that it is.

Your ideal new home might be listed as having a contingency meaning the sellers have accepted an offer from a buyer subject to one or more contingencies. Tautologies nor false under every possible valuation ie. It may not contain reciprocal promises.

The word contingent denotes that there is no present interest or right but only a conditional one which will become effective upon the happening of the designated condition. 2 contingent onuponOccurring or existing only if certain circumstances are the case. When a home is listed as contingent it means the seller has accepted an offer but the deal is contingent on a home inspection loan approval or other contingency contained in the Purchase and Sale Agreement.

His fees were contingent on the success of his search. Without a kick-out clause theres no set deadline in place. Contingent - a gathering of persons representative of some larger group.

A contingent liability is a liability that may occur depending on the outcome of an uncertain future event. A contingent liability is a liability that may or may not happen. This means there is uncertainty about recording such a liability in the financial accounts.

What is a contingent offer. Conditional often followed by on or upon. Our plans are contingent on the weather.

Pin On Spinoza

So Many Times Consciously Or Subconsciously Our Happiness Is Contingent On Our Relationships With Others Oft Uplifting Quotes Friends With Benefits Subliminal

Oxford Dictionaries On Instagram Example Sentence It Was In No Way Contingent On Adam S Thought But Supposititiously Uncommon Words Words Word Of The Day

Contingent Liability Meaning Accounting Masterclass In 2020 Meant To Be Master Class Accounting

What Does Contingent Mean In Home Sales Real Estate Articles Real Estate Education Real Estate Advice

Contingent Liability And Contingent Asset Archives Accounting Masterclass Accounting Liability Asset

Platoons Meaning Contingent Lull Granary Interjectin Barrack Meant To Be Platoon Middle English

Pin On Quotes And Inspiration

Everything You Need To Know About Contingent And Pending Home Sales Buy My House Sale House Home Meaning

What Is Appurtenant Real Estate License Real Estate Exam Adjective Meaning

What Does Contingent Mean In Home Sales Realty Times Real Estate Education Real Estate Contract Real Estate Articles