RISK, n. 1. Hazard; danger; peril; exposure to harm. He, at the risk of his life, saved a drowning man.2. In commerce, the hazard of loss, either of ship, goods or other property. Hence, risk signifies also the degree of hazard or danger; for the premiums of insurance are calculated upon the risk. The underwriters now take risks at a low premium.To run a risk, is to incur hazard; to encounter danger.RISK, v.t. 1. To hazard; to endanger; to expose to injury or loss; as, to risk goods on board of a ship; to risk one's person in battle; to risk one's fame by a publication; to risk life in defense of rights.2. To venture; to dare to undertake; as, to risk a battle or combat.
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