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What does LOO stand for?

LOO stands for Likelihood of Occurrence

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Science, medicine, engineering, etc.

See other definitions of LOO

Other Resources:
We have 11 other meanings of LOO in our Acronym Attic

Samples in periodicals archive:

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.
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.