Risk: Difference between revisions

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n. chances of danger or loss, particularly of property covered by an insurance policy or property being used or transported by another. Insurance companies assume the risk of loss and calculate their premiums by the value and the risk based on statistically determined chances. A trucking company assumes the risk of loss while carrying goods.
n.) To incur the risk or danger of; as, to risk a battle.

Revision as of 00:46, 27 May 2024

n.) To incur the risk or danger of; as, to risk a battle.