Sentence examples for contingent liability for from inspiring English sources

"And the division has two aging ships, is losing money and has a $1.2 billion contingent liability for new ships.

"A financial system with dangerously low capital levels — hence prone to major collapses — creates a nontransparent contingent liability for the federal budget in the United States," said Simon Johnson, an M.I.T. economist and former chief economist of the International Monetary Fund, in Congressional testimony last week.

Montserrat is a contingent liability for the UK government, so when local capacity to respond was surpassed, the UK recognised its responsibility to intervene and assist the islanders (Hintjens and Hodge 2012).

The purpose of the reserve was to secure a contingent liability for Vista's first investor, but once any liability was satisfied any remaining assets in the reserve was slated for charitable purposes.

Recall please what I've mentioned a few times, that the official Treasury - the putative technocrats, not the special advisers - have a horror of Help to Buy, largely because they see it as official support, to the tune of a £12bn contingent liability for potential losses, for a market that is far too prone to bubbles to require any such de facto subsidies (and see here for more on this).

This represents a massive contingent liability for Europe's social security systems, especially given that they are principally funded out of current tax revenues.

There is no mention, for example, of the way financial-sector risks create huge contingent liabilities for the federal government.

He pointed out that this would include contingent liabilities for funding allocated as part of the programme for research projects running potentially for years beyond 2020.

Alan Greenspan, chairman of the Federal Reserve, asserts that the sum of commitments made to Americans today, from Social Security and Medicare to farm subsidies, amounts to more than $10 trillion in "contingent liabilities" for the government.

Some degree of measurement error is no reason to defer recognition; accounting statements are filled with estimates about future events—about warranty expenses, loan loss reserves, future pension and postemployment benefits, and contingent liabilities for environmental damage and product defects.

They could rightly be considered as off-balance-sheet contingent liabilities for the future.