Assigned Risk

Business, Legal & Accounting Glossary

Definition: Assigned Risk


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


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/assigned-risk/
Modern Language Association (MLA):
Assigned Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
January 17, 2022 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: January 17, 2022).
American Psychological Association (APA):
Assigned Risk. PayrollHeaven.com. Retrieved January 17, 2022
, 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 | 1 Views.