Risk - Wikipedia Risk: A state of uncertainty where some of the possibilities involve a loss, catastrophe, or other undesirable outcome Measurement of risk: A set of possibilities each with quantified probabilities and quantified losses Example: "There is a 40% chance the proposed oil well will be dry with a loss of $12 million in exploratory drilling costs "
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
What is risk? | U. S. Geological Survey - USGS. gov As defined in the USGS Risk Plan (Circular 1444), "risk" is the potential for the full or partial loss of something of societal value due to current or proposed courses of action under conditions of uncertainty regarding real-time and future adverse events
RISK Definition Meaning | Dictionary. com Risk definition: exposure to the chance of injury or loss; a hazard or dangerous chance See examples of RISK used in a sentence