What does ROL mean in International Business?
This page is about the meanings of the acronym/abbreviation/shorthand ROL in the Business field in general and in the International Business terminology in particular.
Risk of Loss
Submitted by cookiehuidanny on August 27, 2012
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Definition
What does ROL mean?
- Risk of loss
- 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 the contract is formed but before buyer receives goods, something bad happens.
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"ROL." Abbreviations.com. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.abbreviations.com/term/1423560>.
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