Contingent Interest

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1 Sections
1 Types

August 31, 2024 4 min read Definitions

Contingent Interest: A Future Interest Dependent on an Uncertain Event

Finance Law Contingent Interest Future Interest Uncertain Event Property Legal Terms

Contingent interest is a future interest in property that is dependent on the occurrence of a specific, uncertain event. This article delves into the historical context, types, key events, detailed explanations, mathematical models, diagrams, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, FAQs, and more.

August 25, 2024 3 min read Definitions

Income Bond: Obligation with Contingent Interest Payment

Finance Investments Bonds Income Bond Contingent Interest Bond Trading Corporate Finance Bankruptcy Avoidance

An Income Bond's payment of interest is contingent on sufficient earnings from year to year. Such bonds are traded flat—that is, with no accrued interest—and may be used to avoid bankruptcy.