investment risk
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 312 U.S. 531 - Helvering v. Le Gierse · 1941Most cited · 453 citing opinions
Any risk that the prepayment would earn less than the amount paid to respondent as an annuity was an investment risk similar to the risk assumed by a bank; it was not an insurance risk as explained above.