contingent right

contingent right
n.
A right that will only vest if a specific event occurs.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • contingent right — A right which depends on the performance of some condition or the happening of some event before some other event or condition happens or is performed. 16 Am J2d Const L § 421. See contingent interest …   Ballentine's law dictionary

  • contingent — con·tin·gent /kən tin jənt/ adj 1: likely but not certain to happen compare executory 2: intended for use in circumstances not completely foreseen a contingent fund 3: dependent on or conditioned by something else …   Law dictionary

  • right — / rīt/ n [Old English riht, from riht righteous] 1 a: qualities (as adherence to duty or obedience to lawful authority) that together constitute the ideal of moral propriety or merit moral approval b: something that is morally just able to… …   Law dictionary

  • contingent interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. contingent interest …   Law dictionary

  • contingent value right — USA contingent value right, Also known as CVR. A right given to stockholders of a public target company that entitles them to additional consideration, either in the form of cash or stock (or a combination of both), upon the satisfaction of… …   Law dictionary

  • contingent fee — n: contingency fee at fee 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. con …   Law dictionary

  • contingent — Used to describe debts that are not fixed in right at the time, but are dependent on some other event happening to fix the liability. (Bankruptcy in Brief) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • contingent — /kantinjant/ Possible, but not assured; doubtful or uncertain; conditioned upon the occurrence of some future event which is itself uncertain, or questionable. Synonymous with provisional. This term, when applied to a use, remainder, devise,… …   Black's law dictionary

  • contingent — /kantinjant/ Possible, but not assured; doubtful or uncertain; conditioned upon the occurrence of some future event which is itself uncertain, or questionable. Synonymous with provisional. This term, when applied to a use, remainder, devise,… …   Black's law dictionary

  • Contingent fee — A contingent fee (in the United States) or conditional fee (in England and Wales) is any fee for services provided where the fee is only payable if there is a favourable result. In the law is defined as [a] fee charged for a lawyer s services… …   Wikipedia

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