Assigned Risk

Business, Legal & Accounting Glossary

Definition: Assigned Risk



What is the dictionary definition of Assigned Risk?

Dictionary Definition


n. a person whose official driving record (accidents and tickets) is so poor that he/she cannot purchase commercial auto insurance, and must be assigned to a state operated or designated insurance program at high rates.


Cite Term


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Page URL
https://payrollheaven.com/define/assigned-risk/
Modern Language Association (MLA):
Assigned Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2020 https://payrollheaven.com/define/assigned-risk/.
Chicago Manual of Style (CMS):
Assigned Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/assigned-risk/ (accessed: November 29, 2020).
American Psychological Association (APA):
Assigned Risk. PayrollHeaven.com. Retrieved November 29, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/assigned-risk/

Definition Sources


Definitions for Assigned Risk are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.