What is the definition of Amount at risk? | Dictionary.net

AMOUNT AT RISK

\ɐmˈa͡ʊnt at ɹˈɪsk], \ɐmˈa‍ʊnt at ɹˈɪsk], \ɐ_m_ˈaʊ_n_t a_t ɹ_ˈɪ_s_k]\

Definitions of AMOUNT AT RISK

1910 - Black's Law Dictionary (2nd edition)

Sort: Oldest first

In INSURANCE, the lesser of a POLICY CAP on a contract and the MAXIMUM PROBABLE LOSS to the INSURED. INSURERS use amount at risk to estimate potential losses within their PORTFOLIOS.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

Word of the day

Dopamine Acetyltransferase

An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.

View More

Nearby Words