Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is floating liabilities - definition
![A floating dock at [[Florence Marina State Park]]](https://commons.wikimedia.org/wiki/Special:FilePath/16 07 231 florence marina.jpg?width=200 "A floating dock at [[Florence Marina State Park]]")
![A floating dock at a private [[marina]]. The vertical "spud" only anchors the dock sections in place, and does not provide structural support for loads upon the dock.](https://commons.wikimedia.org/wiki/Special:FilePath/Floating dock at North Haven.jpg?width=200 "A floating dock at a private [[marina]]. The vertical \"spud\" only anchors the dock sections in place, and does not provide structural support for loads upon the dock.")
![A pontoon in [[Sydney]]](https://commons.wikimedia.org/wiki/Special:FilePath/PontoonHuntleysPoint.jpg?width=200 "A pontoon in [[Sydney]]")
![4}}, spending the winter of 1855–1856 in the [[Crimea]].](https://commons.wikimedia.org/wiki/Special:FilePath/DevastationClassCrimeanWinter1855-1856.JPG?width=200 "4}}, spending the winter of 1855–1856 in the [[Crimea]].")
![Paixhans]]'' (1862), designed for war in [[Cochinchina]]](https://commons.wikimedia.org/wiki/Special:FilePath/PaixhanFloatingBatteries.jpg?width=200 "Paixhans]]'' (1862), designed for war in [[Cochinchina]]")
Wikipedia
In accounting, contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of an uncertain future event such as the outcome of a pending lawsuit. These liabilities are not recorded in a company's accounts and shown in the balance sheet when both probable and reasonably estimable as 'contingency' or 'worst case' financial outcome. A footnote to the balance sheet may describe the nature and extent of the contingent liabilities. The likelihood of loss is described as probable, reasonably possible, or remote. The ability to estimate a loss is described as known, reasonably estimable, or not reasonably estimable. It may or may not occur.
