assigned risk

noun Insurance.

a risk that, under state law, is assigned to an insurer from a pool of insurers who would not otherwise accept it.

Nearby words

  1. assignable,
  2. assignat,
  3. assignation,
  4. assignats,
  5. assigned counsel,
  6. assigned sex,
  7. assignee,
  8. assignment,
  9. assignor,
  10. assimilable

Origin of assigned risk

First recorded in 1945–50 Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019