assigned risk


assigned risk

noun

Definition of ASSIGNED RISK

:  a poor risk (as an accident-prone motorist) that insurance companies would normally reject but are forced to insure by state law

First Known Use of ASSIGNED RISK

1946

Browse

Next Word in the Dictionary: assignee
Previous Word in the Dictionary: assignation
All Words Near: assigned risk

Seen & Heard

What made you want to look up assigned risk? Please tell us where you read or heard it (including the quote, if possible).