Contingent liability
Contingent liability
Accounting glossary
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Accounting
Definition of contingent liability
Contingent liability: A potential liability that may become an actual liability in the future
Source 1: http://college.vatc.edu.vn/attachments/article/152/Glossary%20-%20Accounting%201.doc
Source 2: http://college.vatc.edu.vn/attachments/article/152/Glossary%20-%20Accounting%202.doc
Web site link: http://college.vatc.edu.vn/
Author : not indicated on the source document of the above text
Accounting glossary
Accounting glossary index of terms
Definition and meaning of contingent liability
Meaning of contingent liability
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