Contingent rent refers to rent that is not a fixed amount. The rent amount for a particular period will depend on the amount of revenue that the tenant had during that period of time.
no
contigent liability
Contingency underwriting refers to the practice of providing insurance coverage for specific events or situations that fall outside of the usual scope of coverage provided by a standard policy. Insurers may offer contingency coverage for unique risks that require customized terms and conditions. This type of underwriting allows insurers to tailor coverage to meet the specific needs of a client for non-standard risks.
the employer does not have to pay fringe benefits
I liability that may be incurred depending upon future event(s) Example- let there is a claim on a company existence of that liability is depends on decision of court so existence of that liability is uncertain so we can say that contigent liability is that liability which may occur or may not. ..
nope. employment is contigent upon you passing the drug test.
1. Contingent liability is a liability the occurance or some information of which is dependable on the occurance of any future incidend until that liability is not confirmed
Port Royal
Contingent liabilities does not show in balance sheet rather it is provided in notes to financial statements as a note about contingent liability and detail etc.
Contingent cost is that cost the value of which remains unknown until some specific event happens in future and after the occurrence of specific event the cost which was contingent becomes clear.
Rent or lease
Rolling the rent is rent roll....