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TeachMeFinance.com - explain Contributory historic definition... Contributory -- A legal term used in Great Britain to designate the holder of stock or of shares not fully paid up, so that the holder is liable to contribute further calls. The term is generally used in winding up (liquidation) proceedings. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.