A contingent liability is a potential cost a company may or may not incur in the future. A contingent liability could be a guarantee on a debt to another entity, a lawsuit, a government probe, or even ...

It often is difficult to determine the existence of a contingent liability. Even when the potential liability is known, it’s not easy to correctly value it. Failure to properly consider the tax impact ...

A CORPORATION THAT IS SOLD OR RESTRUCTURED faces significant uncertainty about how the government will tax contingent liabilities such as environmental, tort and similar obligations. This is ...

Liabilities are what's owed by an individual or a company. They are—in accounting terms—a company's present obligations, originating from past transactions, through which economic benefits are ...

Budgets can be full of surprises. And not always good ones. Often times, debt increases significantly because an unforeseen obligation materializes. These contingent liabilities, as they are known in ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We construct the first comprehensive dataset of contingent liability realizations in advanced and emerging markets for the ...

When a disaster occurs, a country's financial obligations are triggered to repair the damage that has occurred. These obligations are called contingent liabilities. To understand more about the ...

BRIDGEWATER, N.J.--(BUSINESS WIRE)--As previously reported, NovaDel Pharma Inc. sold its ZolpiMist® assets to Amherst Pharmaceuticals, Inc. principally in exchange for the assumption of Novadel’s FDA ...

The government is saddled with contingent liabilities amounting to more than R21 billion, which excludes the more than R2bn from state-owned enterprises (SOEs). Planning, Monitoring and Evaluation ...