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Risk - Wikipedia 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]
What is a Risk? 10 definitions from different industries and standards Definitions of risk range from narrow definitions - risks to people or machinery resulting from hazards - to wide definitions that see risk as any uncertainty of outcome The table below lists ten (10) definitions of risk from different industries and standards
RISK Definition Meaning | Dictionary. com verb (used with object) to expose to the chance of injury or loss; hazard to risk one's life Synonyms: jeopardize, endanger, imperil to venture upon; take or run the chance of to risk a fall in climbing; to risk a war
What does RISK mean? - Definitions for RISK Risk can be generally defined as the probability or likelihood of experiencing harm, loss, or adverse consequences as a result of uncertain events or circumstances It involves the potential for negative outcomes and implies a level of uncertainty or variability in the future
What is the definition of risk, and how is it different from hazard? Risk is the effect of uncertainty on objectives, as defined by ISO 31000, the international standard for risk management In simpler terms, risk represents the likelihood of harm or loss occurring due to the interaction with a hazard, combined with the potential severity of the consequences
Risk - definition of risk by The Free Dictionary To expose to a chance of loss or damage; hazard See Synonyms at endanger 2 To incur the risk of: His action risked a sharp reprisal In an endangered state, especially from lack of proper care: unsupervised children who are at risk of dropping out of school
What Is A Risk Risk is a fundamental concept that pervades various domains of human existence, ranging from finance to health and safety It refers to the possibility of an undesirable event occurring and the potential consequences that may follow
What is Risk? - Simplifying risk management Risk and risk discussions are often hampered by inconsistent terminology and a high degree of subjectivity To overcome this, we need to understand what we mean when we ask ‘what is risk?’ This article lays out a concept for risk using the ISO definition – the effect of uncertainty on objectives