- seller's risk
- The risk of loss of the goods pending delivery thereof or the passing of title thereto to the buyer. 46 Am J1st Sales §§ 279, 280.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
risk — n 1 a: possibility of loss or injury b: liability for loss or injury if it occurs the risk of loss passes to the buyer when the goods are duly delivered to the carrier Uniform Commercial Code the risk of personal injury and property damage should … Law dictionary
risk of seller — See seller s risk … Ballentine's law dictionary
Risk of loss — is a term used in the law of contracts to determine which party should bear the burden of risk for damage occurring to goods after the sale has been completed, but before delivery has occurred. Such considerations generally come into play after… … Wikipedia
risk of loss — The responsibility a carrier, borrower, or user of property or goods assumes, or an insurance company agrees to cover, if there is damage or loss. Category: Business, LLCs & Corporations Category: Personal Finance & Retirement Category: Small… … Law dictionary
risk — In insurance law, the danger or hazard of a loss of the property insured; the casualty contemplated in a contract of insurance; the degree of hazard; a specified contingency or peril; and, colloquially, the specific house, factory, ship, etc.,… … Black's law dictionary
Seller — 1. An individual or entity that exchanges any type of good or service in return for payment. 2. In the option market, the seller is the investor who collects a premium from the buyer in return for taking on the risk associated with holding a… … Investment dictionary
Seller-Financed Sale — A transaction where the seller also acts as the lender to the buyer. Seller financed sales thereby eliminate third party lenders from the transaction. This type of sale can be used to finance the purchase of a home, business or any other type of… … Investment dictionary
Pin risk (options) — Pin risk occurs when the underlier of an option contract settles close to the option s strike value at expiration. In this situation, the underlier is said to have pinned . The risk to the writer (seller) of the option is that they cannot predict … Wikipedia
counterparty risk — The risk that either of the parties to a contract (counterparties) will fail to honour their obligations under the contract. In such organized markets as the London International Financial Futures and Options Exchange this risk is reduced by the… … Big dictionary of business and management
Put To Seller — The exercise of a put option. Put to seller would usually occur when the strike price of the put is lower than the market value of the underlying security. At this point, the seller would have the option, but not the obligation to sell the asset… … Investment dictionary