This definition appears very rarely
and is found in the following Acronym Finder categories:
- Science, medicine, engineering, etc.
See other meanings of LOO
We have 11 other definitions for LOO
in our Acronym Attic
Samples in periodicals archive:
Agencies can assess risk by determining likelihood of occurrence, number of persons affected, and the seriousness of the consequences of not responding to the risk.
The traditional approach is to evaluate the probability or likelihood of occurrence for each risk (described as criticality in reliability engineering), and then evaluate the potential impact of all possible risks.
The statements referencing any future financial projections and pro-formas were strictly speculative and should not be relied upon by investors as having any degree of likelihood of occurrence.
As such, management might assess the likelihood of occurrence as medium--or if the organization has had a history of up-coding, management then might assess the risk as high.
Once the senior client is convinced of the blunt reality that mortality has a 100% likelihood of occurrence, a call to action should be created by inquiring what plans that they actually have in place to do something about it.
Dealing with Uncertainty The compelling reason to purchase broad-form or difference-in-condition D&O coverage is that it is difficult to assess the likelihood of occurrence of the type of problems described above.
Many studies have shown that increased exposure to combat gives rise to a greater likelihood of occurrence of PTSD.
If the amount of the liability can be estimated within a range, the amount reported should reflect the relative likelihood of occurrence of different amounts within the range.