1,027,691,029 visitors served.
1,027,691,029 visitors served. |
|
 Dictionary/ thesaurus |  Medical dictionary |  Legal dictionary |  Financial dictionary |  Acronyms |  Idioms |  Encyclopedia |  Wikipedia encyclopedia | ? |
contingent interest |
0.01 sec. |
|
contingent interest n. an interest in real property which, according to the deed (or a will or trust), a party will receive only if a certain event occurs or certain circumstances happen. Examples: surviving a person who had a life estate (the right to use the property for his/her life), or having children at the time such a life estate ends. (See: contingent, contingent remainder, future interest) |
|
? References in periodicals archive |
|---|
The taxpayer argued that the estate's contingent interest should not be considered in the calculation, resulting in a $6,000 gift to each beneficiary. On issue 2, the EITF concluded instruments A and C should be accounted for similarly to indexed debt obligations, which provide for contingent interest payments in addition to a guaranteed minimum interest payment. 75% Senior Convertible Notes due 2022 will, subject to the terms of the indenture under which they were issued, accrue contingent interest at a rate of 0. |
 |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|
Disclaimer |
Privacy policy |
Feedback | Copyright © 2008 Farlex, Inc.
Printer friendly
Cite / link
Email
Feedback
Add definition
contingent interest