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  2. Possibility of something bad happening

    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.
    en.wikipedia.org/wiki/Risk
    en.wikipedia.org/wiki/Risk
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    Risk - Wikipedia

    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. Many different … See more

    Oxford English Dictionary
    The Oxford English Dictionary (OED) cites the earliest use of the word in English (in the spelling of risque from its French original, 'risque') as … See more

    Risk management
    Risk is ubiquitous in all areas of life and we all manage these risks, consciously or intuitively, whether … See more

    There are many different risk metrics that can be used to describe or "measure" risk.
    Triplets
    Risk is often considered to be a set of triplets
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    Practice areas image
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    The understanding of risk, the common methods of management, the measurements of risk and even the definition of risk differ in different practice areas. This section provides links to more detailed articles on these areas.
    Business risk See more

    Risk perception
    Intuitive risk assessment
    An understanding that future events are uncertain and a … See more

    Risk and uncertainty
    In his seminal 1921 work Risk, Uncertainty, and Profit, Frank Knight established the distinction between risk and uncertainty.
    ... Uncertainty must be taken in a sense radically distinct from the familiar notion of Risk, from which it … See more

     
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  5. What is a Risk? 10 definitions from different industries …

    WEBAug 29, 2024 · A 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 …

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      WEBSep 12, 2024 · A risk assessment is a systematic process used to identify potential hazards and risks in a situation, then analyze what would happen should these hazards take place.

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