noun ·Rare ·Advanced level

Definitions

Noun

1. 1
   The practice of choosing to bear a risk oneself rather than taking out insurance with a third party (an insurance company). uncountable
2. 2
   insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy wordnet

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.