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2017 Word of the Year

assigned risk

noun, Insurance.
1.
a risk that, under state law, is assigned to an insurer from a pool of insurers who would not otherwise accept it.
Origin of assigned risk
1945-1950
First recorded in 1945-50
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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10
12
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