Contingent-liability



noun
1.
a liability dependent upon the occurrence of a particular event, as default by the maker of a guaranteed loan.

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    [kuh n-tin-yoo-uh l] /kənˈtɪn yu əl/ adjective 1. of regular or frequent recurrence; often repeated; very frequent: continual bus departures. 2. happening without interruption or cessation; in time. /kənˈtɪnjʊəl/ adjective 1. recurring frequently, esp at regular intervals 2. occurring without interruption; continuous in time adj. early 14c., continuell, from Old French continuel (12c.), from Latin […]



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    [kuh n-tin-yoo-uh m] /kənˈtɪn yu əm/ noun, plural continua [kuh n-tin-yoo-uh] /kənˈtɪn yu ə/ (Show IPA) 1. a continuous extent, series, or whole. 2. Mathematics. /kənˈtɪnjʊəm/ noun (pl) -tinua (-ˈtɪnjʊə), -tinuums 1. a continuous series or whole, no part of which is perceptibly different from the adjacent parts n. 1640s, from Latin continuum “a continuous […]

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