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Shifting risk

Defined in 1 dictionary — Black's (1910)

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In insurance, a risk created by a contract of insurance on a stock of merchandise, or other similar property, which is kept for sale, or is subject to change in items by purchase and sale; the policy being conditioned to cover the goods in the stock at any and all times and not to be affected by changes in its composition. Farmers', etc., Ins. Ass'n v. Kryder, 5 Ind. App. 480, 31 N. E. 851, 51 Am. St. Rep. 284

Defined under Shifting in Black's Law Dictionary.