at the owner's risk

at the owner's risk
at the owner's risk
INSURANCE, TRANSPORT if something is transported at the owner's risk, the owner must insure it against loss or damage while it is being transported
Compare BUYER'S RISK(Cf. ↑buyer's risk)
Main Entry: owner's risk

Financial and business terms. 2012.

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  • owner's risk — ➔ risk1 * * * owner s risk UK US noun [U] ● at the owner s risk Cf. at the owner s risk …   Financial and business terms

  • owner's risk — A term employed by common carriers in bills of lading and shipping receipts to signify that the carrier does not assume responsibility for the safety of the goods. Morrison v Phillips & Colby Constr. Co. 44 Wis 405 …   Ballentine's law dictionary

  • owner — own‧er [ˈəʊnə ǁ ˈoʊnər] noun [countable] 1. a person or organization that owns something: • Legally, the buyer becomes the owner at the instant the contract is made. • The bank s new fixed rate mortgage is proving popular with home owners. owner… …   Financial and business terms

  • Risk — Typically defined as the standard deviation of the return on total investment. Degree of uncertainty of return on an asset. The New York Times Financial Glossary * * * ▪ I. risk risk 1 [rɪsk] noun 1. [countable, uncountable] the possibility that… …   Financial and business terms

  • risk — (1) Noun The possibility of loss. (2) Noun The uncertainty of whether events, expected or otherwise, will have an adverse impact. In this context, the adverse impact is usually a quantity of return ( income) or value at risk. (3) Noun the… …   Financial and business terms

  • risk — risk1 W1S2 [rısk] n [Date: 1600 1700; : French; Origin: risque, from Italian risco] 1.) [U and C] the possibility that something bad, unpleasant, or dangerous may happen = ↑danger →↑gamble, chance ↑chance risk of ▪ the risk …   Dictionary of contemporary English

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  • 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

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