1 If you are writing a report about a specific person, company, or place, try to find their own website. 2  For instance, if you are writing a report on Jane Goodall, a great source would be using the Jane Goodall Institute website. If you are writing a report about a specific person, company, or place, try to find their own website. 2  For instance, if you are writing a report on Jane Goodall, a great source would be using the Jane Goodall Institute website.
Contingent Liability. A liability that a company may have to pay, but only if a certain future event occurs. Usually, a contingent liability refers to the outcome of a lawsuit: that is, the company may have to pay a significant amount of money if it loses the lawsuit.ontingent liability. An obligation that may result, but is not likely to result because the event causing the obligation is improbable.
DEFINITION of 'Contingent Beneficiary'. 1. A beneficiary specified by an insurance contract holder who will receive the benefits if the primary beneficiary has died at the time the benefit is to be paid.f both the primary and contingent beneficiaries are unavailable, what happens to ... One of the most common mistakes in estate planning is not keeping beneficiary designations up to date on life insurance policies ...