Risk
Dictionary of Terms and Phrases Used in American or English Jurisprudence · Benjamin Vaughan Abbott · 1879
Dictionary of Terms and Phrases Used in American or English Jurisprudence
A danger, hazard, or peril. Also, in insurance law, the obligation of an insurer; the probability that he may be called upon to respond for a loss; and sometimes the anticipated cause of loss against which he engages to indemnify the insured.