Oct 252020

Often used with reference to Credit Derivatives. A payment is made only if a certain event occurs ((i.e. the payment is contingent upon the credit event occurring). See Credit Derivative; Credit Event.

More on banking and finance terms tomorrow, so please come back for more on what the meaning is of words like Contingent Payment.

Example of Contingent Payment in use?

Can you provide an example of ‘Contingent Payment’? If so you could win 100 GBP of Amazon vouchers. Please comment below and one person will be selected at random on [date]. Thank-you

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>