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Bookmark or Share- Risk Definition & Meaning | Britannica DictionaryBritannica Dictionary definition of RISK. 1. : the possibility that something bad or unpleasant (such as an injury or a loss) will happen. [noncount] I prefer not to expose my money to too much risk. The degree of risk is minimal. All investments have/involve an element of risk. [count] The trip didn't seem like much of a risk.
- What Is Risk Management & Why Is It Important? | HBS OnlineRisk management is the systematic process of identifying, assessing, and mitigating threats or uncertainties that can affect your organization. It involves analyzing risks’ likelihood and impact, developing strategies to minimize harm, and monitoring measures’ effectiveness.
- What is a Risk? 10 definitions from different industries and standardsA risk is measured by the probability of a threat, the vulnerability of the asset to that threat, and the impact it would have if it occurred. Risk can also be defined as uncertainty of outcome, and can be used in the context of measuring the probability of positive outcomes as well as negative outcomes. ITIL.
- What is Risk Management? | IBMRisk 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 & Meaning | Dictionary.comnoun. exposure to the chance of injury or loss; a hazard or dangerous chance: It's not worth the risk. Insurance. the hazard or chance of loss. the degree of probability of such loss. the amount that the insurance company may lose. a person or thing with reference to the hazard involved in insuring him, her, or it.
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