Metaglossary.com - Definitions for "{term}"

Keywords: uncertainty, chance, gain, uncalculated, risk

An uncalculated risk that is assumed in the hope of gain.

bedfordgrangemutual.com

a risk that accompanies the possibility of earning a profit

dl.ccc.cccd.edu

An insurance term that includes the possibility of gain or loss. loss.

nonprofitrisk.org

A risk that may result in a loss or gain.

sauconmutual.com

A type of risk with three possible outcomes: gain, loss or no change.

ohioinsurance.org

A type of risk that involves the chance of both loss and gain; not insurable.

americaninsurancesource.com

Uncertainty about whether a gain or loss will occur.

Exposure that offers extreme opportunity for both gain and loss.

Risking a sum of money with the chance of gain as well as the chance of loss, e.g., putting risk capital into a business, or wagering.

Risk which entails a chance of gain as well as a chance of loss. Contrast with Pure risk.

Uncertainty as to whether a gain or loss will occur. An example would be a business enterprise where there is a chance that the business will make money or lose it. Speculative risks are not normally insurable. Contrast with Pure Risk.

kellyinsurance.com

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Keywords: undue, gambling, illegal, wager, intention

Derived from an intention to obtain an undue benefit from an insurance policy. Similar to a gambling wager, it is illegal.

iciciprulife.com