Dictionary

aleatory

adjective ale·a·to·ry \ˈā-lē-ə-ˌtr-ē\

Definition of ALEATORY

1
:  depending on an uncertain event or contingency as to both profit and loss <an aleatory contract>
2
:  relating to luck and especially to bad luck
3
:  aleatoric

Origin of ALEATORY

Latin aleatorius of a gambler, from aleator gambler, from alea a dice game
First Known Use: 1693

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

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