In simple terms, risk is the possibility of something bad happening. 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.
Risk is the chance or probability that a person will be harmed or experience an adverse health effect if exposed to a hazard. It may also apply to situations with property or equipment loss, or harmful effects on the environment.
When we refer to risk in relation to occupational safety and health the most commonly used definition is 'risk is the likelihood that a person may be harmed or suffers adverse health effects if exposed to a hazard.
Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk. There are many factors that can converge to create business risk.
A risk is the potential of a situation or event to impact on the achievement of specific objectives. Working with the risk owner, the project professional ensures that risks are clearly identified before moving on to the risk analysis step of the risk management process.
"[Risk is] a situation involving exposure to danger: 'flouting the law was too much of a risk' [mass noun]: 'all outdoor activities carry an element of risk' [in singular]: The possibility that something unpleasant or unwelcome will happen: 'reduce the risk of heart disease"
Risk—or the probability of a loss—can be measured using statistical methods that are historical predictors of investment risk and volatility. Commonly used risk management techniques include standard deviation, Sharpe ratio, and beta.
On this page you'll find 11 synonyms, antonyms, and words related to at risk, such as: at hazard, endangered, exposed, imperiled, in jeopardy, and in peril.
Risk can be defined as the combination of the probability of an event occurring and the consequences if that event does occur. This gives us a simple formula to measure the level of risk in any situation. Risk = Likelihood x Severity.
Verb She risked her life to save her children. He risked all his money on starting his own business. He risked breaking his neck. She's risking being considered too sentimental. The country risked a war.
If the man chooses to move his investments to those in which he could possibly lose his money, he is a taking a risk. A gambler decides to take all of his winnings from the night and attempt a bet of "double or nothing." The gambler's choice is a risk in that he could lose all that he won in one bet.
A hazard is anything that could cause harm. And, risk, is a combination of two things – the chance that the hazard will cause harm and how serious that harm could be.
Risk = Likelihood x Severity.
A health and safety risk is the chance (likelihood) that somebody could get harmed (severity) by a hazard. It's important to consider both likelihood and severity when measuring health and safety risks.
Risk measures the uncertainty that an investor is willing to take to realize a gain from an investment. Description: Risks are of different types and originate from different situations. We have liquidity risk, sovereign risk, insurance risk, business risk, default risk, etc.
In financial mathematics, a risk measure is used to determine the amount of an asset or set of assets (traditionally currency) to be kept in reserve. The purpose of this reserve is to make the risks taken by financial institutions, such as banks and insurance companies, acceptable to the regulator.
The risk management process includes five steps: identify, analyze, evaluate, treat, and monitor. You can mitigate risks by avoiding, accepting, reducing, or transferring them.
Risk factors are characteristics at the biological, psychological, family, community, or cultural level that precede and are associated with a higher likelihood of negative outcomes. Protective factors are characteristics associated with a lower likelihood of negative outcomes or that reduce a risk factor's impact.
These types of risks come from dangerous situations in the workplace. Some common examples include: physical hazards caused by high noise levels, extreme weather or other environmental factors. equipment hazards caused by faulty equipment or poor processes when using equipment such as machinery.
Examples of healthy risk taking for children and teens include: Riding roller coasters and thrill rides or indoor rock climbing. Running for office at school or trying out for a team or a play. Trying new activities as a family or with a group.
Risk is all around us. We take risks when we eat and drink, travel, enjoy hobbies, invest money and do many other things. Risk may be something you think about a lot when doing any of these things, or it may be something that never enters your mind.
Good risk: Weighing all the possible results and being able to come up with (and implement) a solution – difficult though it may be – should the worst case scenario happen. Bad risk: Weighing all the costs and not being able to come up with a plausible solution should the worst case scenario happen.
This campaign emphasizes the mantra of "risk everything" – taking every dangerous life-or-death chance to succeed and outshine your rivals.