Risk - Law Dictionary Search Results
Actuary
Means a person skilled in determining the present effects of future contingent events or in finance modelling and risk analysis in different areas of insurance, or calculating the value of life interests and insurance risks, or designing
defense
indictment) ;also : the evidence and arguments presented supporting the defendant's opposition see also accord, alibi, assumption of risk, coercion, consent contributory negligence at negligence, denial, diminished capacity, duress, entrapment, estoppel, fraud, infancy, insanity, intoxication, laches, mistake,
volenti non fit injuria
harm is done used as a common-law maxim expressing the principle that one is not injured when a risk is voluntarily assumed compare assumption of risk
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underwrite
underwrite -wrote [-rōt, -rōt] -writ·ten [-rit-n, -rit-n] -writ·ing 1 a : to assume liability for (a risk) as an insurer [the insurer s individuals, not the group, in franchise health insurance] b : to issue
contract
than contracts based on consideration. des·ti·na·tion contract : a contract for goods stipulating that the seller assumes the risk of loss from damage to the goods until they arrive at the destination specified in the contract compare
peril
peril 1 : exposure to the risk of death, destruction, or loss 2 : the cause of a loss (as of property) [insured their home
nuisance
dangerous, obstructive, or unhealthful at·trac·tive nuisance 1 : a thing or condition on one's property that poses a risk to children who may be attracted to it without realizing the risk by virtue of their youth 2
gamble
gamble gam·bled gam·bling vi : to risk something of value for the chance of winning a prize vt : to risk (something) for the chance
exposure
something that exposes someone or something ;esp : something (as a condition, situation, or action) that creates a risk of financial loss esp. for which one may be insured [two forms of insurance are needed to cover
reckless
reckless : characterized by the creation of a substantial and unjustifiable risk to the lives, safety, or rights of others and by a conscious and sometimes wanton and willful disregard
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