contingent liability

What further contingent liabilities are being assumed elsewhere in the group?

It says that one major cause of the rise in public debt has been a country's "contingent liabilities."

Contingent liabilities are not included in the definition of external debt.

Those principles require that all contingent liabilities be included in the audit.

These contingent liabilities have not been reflected on the fund's current balance sheet.

Consumer finance companies may also require far less contingent liabilities than banks.

Government debt and contingent liabilities are running at 91.2 per cent of gross national product.

The disputed arrangement, known as a contingent liability, could be used to offset gains for current, future and past tax years.

A footnote to the balance sheet may describe the nature and extent of the contingent liabilities.

Many contingent liabilities must be disclosed under accounting-rule changes that begin to take effect April 1.

Any responsible acquirer would probably wait for greater clarity on these contingent liabilities before making a move.

In Washington, however, some worry that this new guarantee will only create another contingent liability on the Federal budget.

The programs create contingent liabilities that show up in the budget as expenditures after a default or other loss occurs.

Yet only a handful of banks have been reporting these contingent liabilities, in footnotes to financial statements.

A contingent liability transaction is one where the investor may have to pay an additional amount on settlement (other than charges).

Global has allegedly taken on heavy contingent liabilities in connection with the Exposition's bond issue.

As for the loans to the family guaranteed by the company, that figure was not disclosed under "contingent liabilities" in the company's 2000 financial statements.

The partnership contribution rules at the time ignored the contingent liability that effectively offset the asset.

Contingent liabilities such as warranties are noted in the footnotes to the balance sheet.

Such government guarantees are always contentious because they amount to a form of off balance sheet finance - a contingent liability for the taxpayer.

"The Government must be cautious about taking on further contingent liabilities or providing guarantees that could lay additional costs at the door of future taxpayers."

Rule 5-28 imposes various requirements in relation to margined contingent liability transactions.

But this will not plug holes in balance sheets or stem the legions of contingent liabilities.

The assumption of other contingent liabilities and administrative costs brought the total package to $970 million, a company spokesman said.

But the sum of unclaimed items is openly shown as a contingent liability in the comptroller's annual report.