n. Hazard; danger; peril; exposure to mischance or harm; venture: as, at the risk of one's life; at the risk of contagion. Common in the phrase to run a (the) risk, to incur hazard; take the chance of failure or disaster.n. In com.: The hazard of loss of ship, goods, or other property.n. The degree of hazard or danger upon which the premiums of insurance are calculated.n. Hence, by extension, insurance obligation: as, our company has no risks in that city.To hazard; expose to the chance of injury or loss.To venture upon; take the chances of: as, to risk a surgical operation.Synonyms To peril, jeopard, stake. See risk, n.n. Same as reesk and risp.