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Aleatory

Defined in 3 dictionaries — Ballentine's (1916), Kinney (1893), Anderson (1889)

Ballentine's Law Dictionary

James A. Ballentine · 1916

Uncertain; involving risk or hazard as a contract of insurance. See 8 La. Ann. 488.

A Law Dictionary and Glossary

George C. Kinney · 1893

Hazardous; uncertain. Aleatory contract: a contract the performance of which on either side depends on an uncertain event

A Dictionary of Law

William C. Anderson · 1889

^ Depending upon an event the outcome of which is unknown; resting upon a contingency. Applied, mainly, to annuities and insurance contracts. It is of the essence of all aleatory contracts that there should be risk on one side or on both sides.°