Bitget
Bitget

# GLOSSARY

Finance Dictionary : Retention of Title

KEYTAKEAWAYS

Explore the concept of Retention of Title (ROT), a contractual provision allowing buyers to possess property without full ownership until they make complete payments.


CONTENT

DEFINITION

Retention of Title (ROT) – A Contractual Provision Delaying Ownership Transfer Until Full Payment

 

Retention of Title (ROT) is a contractual provision commonly found in agreements, particularly sales contracts, where a buyer receives goods or property but does not assume full legal ownership until they have made the complete payment. This arrangement ensures that the seller retains the right to reclaim the property in case of non-payment or default by the buyer.

 

The ROT clause serves as a form of security for the seller, safeguarding their interest until the buyer fulfills their payment obligations. This practice is prevalent in various industries, providing protection to sellers who release goods or assets to buyers on credit terms.


DISCLAIMER

CoinRank is not a certified investment, legal, or tax advisor, nor is it a broker or dealer. All content, including opinions and analyses, is based on independent research and experiences of our team, intended for educational purposes only. It should not be considered as solicitation or recommendation for any investment decisions. We encourage you to conduct your own research prior to investing.

 

We strive for accuracy in our content, but occasional errors may occur. Importantly, our information should not be seen as licensed financial advice or a substitute for consultation with certified professionals. CoinRank does not endorse specific financial products or strategies.


WRITER’S INTRO

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it’s blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.


NEWSLETTER

SUBSCRIBE

CoinRank