THE CONCEPT OF RISK IN THE ENGLISH-LANGUAGE PROFESSIONAL WORLD VIEW (BASED ON THE MATERIAL OF INSURANCE LAW)

Abstract

The work studies the concept of RISK in the English-language professional picture of the world. The research is based on a definitional analysis of lexemes representing this concept in the discourse of insurance law. The authors identify semantic characteristics and contextual variants of the representation of the concept of RISK, which makes it possible to systematize existing knowledge about it and determine its significance in legal discourse. The lexicographic and combinational analysis of the lexemes verbalizing the RISK concept revealed a number of conceptual features forming different layers of the concept under study, and also demonstrated a variety of terminological phrases containing the ‘risk’ lexeme and participating in the transmission of additional conceptual features. The results obtained in the course of the study give full reason to consider the concept of RISK as one of the key concepts of the insurance law sphere underlying it. Further research of the concept of RISK will contribute to expanding theoretical understanding of it as an important element of English-language legal discourse in general and insurance law, in particular, as well as improving the efficiency of insurance law.