contingent
91contingent upon — adjective determined by conditions or circumstances that follow arms sales contingent on the approval of congress • Syn: ↑contingent, ↑contingent on, ↑dependent on, ↑dependant on, ↑dependent upon, ↑dependant upon, ↑ …
92Contingent cooperator — In game theory, a contingent cooperator is a person or agent who is willing to act in the collective interest, rather than his short term selfish interest, if he observes a majority of the other agents in the collective doing the same. The… …
93Contingent payment sales — In business dealings, transactions often occur that include variables based on future events that can be difficult to ascertain (for example, a company may sell in an amount stock along with a percentage of that company’s net profits.) As these… …
94Contingent interest — A contingent interest is 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… …
95Contingent Payment Sale — A type of installment sale in which either the price or payment period for the asset has not been fixed. Contingent payment sales entail a special set of rules that vary according to whether the price or the schedule is the fixed amount. For… …
96contingent aftereffect — Also known as contingent perceptual aftereffect. Both terms are used to denote a type of aftereffect that is dependent on (i.e. contingent with) the orientation of the perceived object with respect to the retina. An example is the * McCollough …
97contingent asset — A possible asset that arises from past events and whose existence will be confirmed only by the occurrence of one or more uncertain future events, which are not wholly in the control of the accounting entity. Under Financial Reporting Standard 12 …
98contingent gain — A gain that depends upon the outcome of some contingency. For example, if a company is making a substantial legal claim against another organization, the company has a contingent gain (depending upon the successful outcome of the claim). Compare …
99contingent liability — 1) A possible obligation that arises from past events, whose existence will be confirmed only by the occurrence of one or more uncertain future events not wholly within an entity s control. 2) A present obligation that arises from past events in… …
100contingent loss — A loss that depends upon the outcome of some contingency. For example, if there is a substantial legal claim for damages against a company, there is a contingent loss (depending on the outcome of the claim). Compare: contingent gain See also:… …
