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Aug 30, 2021 · [Risk is] An uncertain event or set of events which, should it occur, will have an effect on the achievement of objectives; a risk is measured by a combination of the probability of a perceived threat or opportunity occurring and the magnitude of its impact on objectives.
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1. : possibility of loss or injury : peril. 2. : someone or something that creates or suggests a hazard. 3. a. : the chance of loss or the perils to the subject matter of an insurance contract. also : the degree of probability of such loss. b. : a person or thing that is a specified hazard to an insurer. c.
In simple terms, risk is the possibility of something bad happening. [1] Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. [2]
to do something that might be dangerous: Don't take any risks - just call the police. See more. Fewer examples. The impurity of the water is a serious health risk. It was an awful risk to take. Are you prepared to put your children at risk? The benefits of this treatment far outweigh any risks.
Risk management is the process of identifying, assessing and controlling financial, legal, strategic and security risks to an organization’s capital and earnings. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.
Risk definition: exposure to the chance of injury or loss; a hazard or dangerous chance. See examples of RISK used in a sentence.
[countable, uncountable] the possibility of something bad happening at some time in the future; a situation that could be dangerous or have a bad result. The health risks are very low. risk of something a high risk of failure. a serious/significant risk of something. The study found a slightly increased risk of cancer in this group.
to do something that you know is not really a good idea or may not succeed. risk something He risked a glance at her furious face. They risked the wrath of the government (= risked making them angry) by leaking the story. It was a difficult decision but we decided to risk it.
If you say that something or someone is a risk, you mean they are likely to cause harm. It's being overfat that constitutes a health risk. The restaurant has been refurbished–it was found to be a fire risk. He was not seen as a risk to national security. 4. countable noun.
