1051. Assured

the person or entity that is insured

1052. Assumption Of Risk

1053. Assumption

act of taking over the liability for a debt as part of a payment for property which secures that debt

1054. Assume

to take over the liability for a debt on a promissory note, which is often done by the buyer of real property which has a secured debt upon it; "to assume the debt"

1055. Association

any group of people who have joined together for a particular purpose, ranging from social to business, and usually meant to be a continuing organization

1056. Associate Justice

member of the U.S. Supreme Court appointed by the President and confirmed by the U.S. Senate; there are eight Associate Justices and one Chief Justice that serve for life, or until voluntary retirement or removal after being convicted after an impeachment

1057. Assignment For Benefit Of Creditors

method used for a debtor to work out a payment schedule to their creditor through a trustee who receives directly a portion of the debtor's income on a regular basis to pay the debtor's bills

1058. Assignment

act of transferring an interest in property or some right (such as contract benefits) to another

1059. Assignee

a person to whom property is transferred by sale or gift, particularly real property

1060. Assigned Risk

person whose official driving record is so poor that they cannot purchase commercial auto insurance and must be assigned to a state operate or a designated insurance program at high rates