risk

noun

1. a : possibility of loss or injury

   b : a person or thing that is a specified hazard to an insurer a poor risk for insurance

2. a : the chance of loss to the subject matter of an insurance contract : uncertainty with regard to loss; also : the degree of probability of such loss — compare peril : the degree of probability of such loss — compare peril

   b : a person or thing that is a specified hazard to an insurer a poor risk for insurance

   c : an insurance hazard from a specified cause or source a war risk