Contingent protection


 

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Contingent protection

Administered protection.



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Contingent liabilities

Contingent liabilities

Liabilities that may or may not be incurred by a company and which depend on the outcome of say a forthcoming event such as a court case. These are recorded in a company's accounts as contingent liabilities.


Contingent order

Contingent order

See: contingency order.


Contingent Voting Power

Contingent Voting Power

Enables preferred stockholders to vote when the company fails to satisfy the agreement between itself and the preferred stockholders.


Contingent deferred sales charge (CDSC)

Contingent deferred sales charge (CDSC)

The formal name for the load of a back-end load fund.


Contingent assurance

Contingent assurance

Life assurance where payment of the sum assured depends on an event or events additional to the death of the life assured. For example the policy may specify the prior death of the spouse of the life assured.


Further Suggestions

Contingent pension liability
Contingent immunization
Contingent order
Contingent claim


 
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