Examlex
____________________ is the fastest speed an engine can reach while the turbine is held stationary.
Contingent Liability
A potential financial obligation that may arise depending on the outcome of a future event.
Likelihood
The probability or chance of an event occurring.
Contingency
An uncertain future event that could affect financial performance or outcomes.
Employee Earnings Record
A cumulative record of each employee’s gross earnings, deductions, and net pay during the year.
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