Contingent Asset

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Dictionary Says

Definition of 'Contingent Asset'

An asset in which the possibility of an economic benefit depends solely upon future events that can't be controlled by the company. Due to the uncertainty of the future events, these assets are not placed on the balance sheet. However, they can be found in the company's financial statement notes. 
Investopedia Says

Investopedia explains 'Contingent Asset'

These assets, which are often simply rights to a future potential claim, are based on past events. An example might be a potential settlement from a lawsuit. The company does not have enough certainty to place the settlement value on the balance sheet, so it can only talk about the potential in the notes. This improves the accuracy of financial statements and removes potential abuses.
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'Contingent Asset'

  • Trending Toward Asset-Based Management

    http://www.investopedia.com/articles/financialcareers/07/asset-management.asp
    ... importantly, asset-based management resolves the conflict of interest between planners
    and their clients, because the compensation of the planner is contingent ...

  • Refusing An Inheritance

    http://www.investopedia.com/articles/06/RefuseInheritance.asp
    ... Make the disclaimer in writing; Disclaim the asset within nine months of the death ...
    Instead, the assets will pass to the contingent beneficiary as if the first ...

  • Why You Should Draft A Will

    http://www.investopedia.com/articles/pf/07/draft_will.asp
    ... be next in line to receive this asset if your chosen beneficiary dies before you
    do or is unable to accept the inheritance. Naming a contingent beneficiary is ...

  • Series 26 Study Guide - Investment Companies - Mutual Fund Pricing ...

    http://www.investopedia.com/exam-guide/series-26/investment-companies/mutual-fund-pricing.asp
    ... for funds that do not permit both dividend reinvestment at net asset value and ... 22.34 =
    1.08 = 4.48% 24.13 24.13: Back-End Loads and Contingent Deferred Sales ...

  • Instead Of Stocks, Trade A CFD

    http://www.investopedia.com/articles/stocks/09/trade-a-cfd.asp
    ... These include stops, limits and contingent orders such as "One Cancels the Other ...
    Depending on the volatility of the underlying asset, this spread may be small ...

  • CFA Level 1 Study Guide - Liabilities - Current Liability Basics ...

    http://www.investopedia.com/exam-guide/cfa-level-1/liabilities/current-liability-basics.asp
    ... to LIFO; 8.10 Effects of Inventory Accounting; 8.11 Causes a Decline in LIFO
    Reserve; 8.12 Long Term Asset Basics; 8.13 Depreciation ...

  • Series 7 Study Guide - Customer Accounts - Costs And Fees ...

    http://www.investopedia.com/exam-guide/series-7/customer-accounts/costs-and-fees.asp
    ... 1 and 3%. In a variable annuity, these are in addition to the asset management fees
    in ... The fee works like a contingent deferred sales charge on a Class B share ...

  • An Introduction To Structured Products

    http://www.investopedia.com/articles/optioninvestor/07/structured_products.asp
    ... The payoffs from these performance outcomes are contingent in the sense that ... offer
    customized exposure, including to otherwise hard-to-reach asset classes and ...

  • Nexen's Investments Pay Off

    http://stocks.investopedia.com/stock-analysis/2010/Nexens-Investments-Pay-Off-NXY1123.aspx
    ... The Horn River Basin and Cordova properties have contingent resources estimated
    in ... writer and has previous experience working in the asset management industry ...

  • Series 6 Study Guide - Investment Companies - Sales Charges and ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-companies/sales-charges-expenses.asp
    ... on to the shares beyond the time period during which a contingent deferred sales ...
    Unlike sales charges, 12b-1 fees are deducted from the fund asset value every ...

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