noun, plural horses (especially collectively) horse. 1. a large, solid-hoofed, herbivorous quadruped, Equus caballus, domesticated since prehistoric times, bred in a number of varieties, and used for carrying or pulling loads, for riding, and for racing. 2. a fully mature male animal of this type; stallion.
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A. An FSR summarizes Demotech, Inc.'s opinion as to the financial stability of a risk-bearing entity. It is assigned after an extensive process of financial analysis. FSRs are based upon an insurer's financial information.