contingent claim

English - English

Definition of contingent claim in English English dictionary

A claim that can be made when certain specified outcomes occur

A claim that may be owed by the debtor under certain circumstances, for example, where the debtor is a cosigner on another person's loan and that person fails to pay

A claim that my be owed by the debtor under certain circumstances, for example, where the debtor is a cosigner on another person's loan and that person fails to pay

Hyphenation

con·tin·gent claim

Turkish pronunciation

kıntîncınt kleym

Pronunciation

/kənˈtənʤənt ˈklām/ /kənˈtɪnʤənt ˈkleɪm/