Assigned Risk

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Definition: Assigned Risk

Assigned Risk
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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.
May 18, 2024 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: May 18, 2024).
American Psychological Association (APA):
Assigned Risk. PayrollHeaven.com. Retrieved May 18, 2024
, 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.