| 单词 | contingent liability |
| 释义 | contingent liability A liability which will only arise in certain specific circumstances. For example, a guarantee of somebody else's debts will only have to be honoured if they fail to pay up. Insurance companies incur contingent liabilities when they issue fire or accident insurance policies: they will only have to pay out if policy-holders have fires or accidents. Contingent liabilities create problems for accountants in valuing businesses, particularly with contingencies whose likelihood is difficult to assess. |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。