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Contingent liability

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

One which is not now fixed and absolute, but which will become so in case of the occurrence of some future and nncertain event Downer v. Co.rtis, 25 Vt. 650; Bank v. Hingham Mfg. Co.., 127 Mass. 563; Haywood v. Shreve, 44 N. J. Law, 94; Steele v. Graves, 68 Ala. 2l. As to contingent "Damages," "Legacy," "Limitation," "Remainder," "Trust," and "Use," see those titles.