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assigned risk
noun
: a poor risk (such as an accident-prone motorist) that insurance companies would normally reject but are forced to insure by state law
Examples of assigned risk in a Sentence
Recent Examples on the Web
In the end, experts assigned risk estimates to different experiments, applying safety guidelines accordingly.
—Michelle Cheng, Quartz, 3 May 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'assigned risk.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1940, in the meaning defined above
Dictionary Entries Near assigned risk
Cite this Entry
“Assigned risk.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/assigned%20risk. Accessed 5 Nov. 2024.
Legal Definition
assigned risk
noun
: a poor risk (as an accident-prone driver) that insurance companies would normally reject but are forced to insure by state law
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