Peril
/ˈpɛrɪl/
Definitions
- (n.) A condition of exposure to the risk of injury, loss, or destruction, often used in insurance and tort law contexts.
The policy covers damages arising from fire peril.
- (n.) An imminent danger or threat that may cause harm or loss.
The company's financial difficulties placed it in great peril.
Related terms
See also
Commentary
In legal drafting, 'peril' often specifies types of risk insured against; clear definition helps delineate coverage scope.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.