Glossary · Fundamentals

Contingent liabilities आकस्मिक देनदारियाँ

Possible obligations that depend on a future event, such as a lawsuit. Disclosed in the notes to accounts.

हिंदी में: आकस्मिक देनदारियाँ

भविष्य की किसी घटना (जैसे मुकदमा) पर निर्भर संभावित देनदारियाँ। लेखा नोट्स में दर्ज।

How it is used in the lessons

Ignoring off-balance-sheet commitments and contingent liabilities, which are listed in the notes.

From How to Read a Balance Sheet

The notes explain accounting policies, borrowings, contingent liabilities (possible future obligations), related-party transactions, segment results and employee benefits.

From How to Read an Annual Report

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