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The possibility of suffering harm or loss; danger.
(noun)
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A factor, thing, element, or course involving uncertain danger; a hazard: "the usual risks of the desert: rattlesnakes, the heat, and lack of water” ( Frank Clancy).
(noun)
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The danger or probability of loss to an insurer.
(noun)
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The amount that an insurance company stands to lose.
(noun)
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The variability of returns from an investment.
(noun)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.