assigned risk

noun

A government-mandated method of providing insurance coverage to an individual by compelling insurance companies to service them when such companies would ordinarily not do so due to perceived risk.

Meanings

nounassigned risk (uncountable)
  1. uncountablebusinessA government-mandated method of providing insurance coverage to an individual by compelling insurance companies to service them when such companies would ordinarily not do so due to perceived risk.
Cite this entry
APA

assigned risk. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/assigned%20risk

MLA

“assigned risk.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/assigned%20risk. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “assigned risk,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/assigned%20risk.

Source: assigned risk on Wiktionary, CC BY-SA 4.0.