risk of loss
Definition
Probability that one will have to bear the costs associated with a damage, destruction, injury, or an inability to locate documents, goods, or other property.
risk of loss is in the Accounting & Auditing, Banking, Commerce & Finance and Disaster Planning & Risk Management subjects.
risk of loss appears in the definitions of the following terms:
risk propensity,
inventory turnover,
managed fund,
credit control,
shipment contract,
passage of risk,
reward,
attachment of risk,
destination contract,
gambling
and
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