Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

A real estate listing that’s “pending” means the seller has accepted an offer on their property, but the transaction has not yet closed. “Contingent” also means an offer has been accepted, ...

A contingent debt is an unusual kind of debt that is dependent on uncertain future developments. A contigent debt is not a definitive liability as it is based on the outcome of a future event (for ...