contingent
111contingent debt — One which is not presently fixed, but may become so in the future with the occurrence of some uncertain event. A debt in bankruptcy which may be proved and allowed and which arises out of contract. It does not encompass a tort claim on which no… …
112contingent estate, interest or right — An estate, interest or right which depends for its effect upon an event which may or may not happen. A contingent estate is one which is conditioned upon the existence of persons who answer the description of takers but who cannot be ascertained… …
113contingent debt — One which is not presently fixed, but may become so in the future with the occurrence of some uncertain event. A debt in bankruptcy which may be proved and allowed and which arises out of contract. It does not encompass a tort claim on which no… …
114contingent estate, interest or right — An estate, interest or right which depends for its effect upon an event which may or may not happen. A contingent estate is one which is conditioned upon the existence of persons who answer the description of takers but who cannot be ascertained… …
115contingent interest — An interest which is uncertain either as to the person who will enjoy it in possession or as to the event on which it will arise. 57 Am J1st Wills § 1217. A future interest is contingent where the person to whom or the event upon which it is… …
116Contingent use — Use Use, n. [OE. us use, usage, L. usus, from uti, p. p. usus, to use. See {Use}, v. t.] [1913 Webster] 1. The act of employing anything, or of applying it to one s service; the state of being so employed or applied; application; employment;… …
117contingent remainder — noun An interest in property that is owned by a party that can not be identified until the interest vests. Example: Joe leaves property to Mike for life, and then to Mikes oldest surviving child ; since it is not known who will be Mikes oldest… …
118Contingent Convertibles - CoCos — A security similar to a traditional convertible bond in that there is a strike price (the cost of the stock when the bond converts into stock). What differs is that there is another price, even higher than the strike price, which the company s… …
119Contingent Credit Default Swap (CCDS) — A variation on the credit default swap (CDS). In a simple CDS, payment under the swap is triggered by a credit event, such as non payment of interest. In a contingent credit default swap (CCDS), the trigger requires both a credit event and… …
120Contingent Deferred Sales Charge (CDSC) — A fee (sales charge or load) that mutual fund investors pay when selling Class B fund shares within a specified number of years of the date on which they were originally purchased. Also known as a back end load or sales charge . For mutual funds… …
