assigned risk

noun

Definition of assigned risk

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

1940

First Known Use of assigned risk

1940


Law Dictionary

assigned risk

noun

Legal Definition of assigned risk

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

Learn More about assigned risk


Seen and Heard

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

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

to give up a position of power

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

  • winning-words-from-the-national-spelling-bee-logo
  • Which is the correct spelling of the winning word from 1988?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!