• Log in / create account

• Home
• Categories
• Manuals
• Directories
• News Wire
• Blog
• Help
• Contributor Tools

Risk is a concept that denotes a potential negative impact to some characteristic of value that may arise from a future event, or we can say that "Risks are events or conditions that may occur, and whose occurrence, if it does take place, has a harmful or negative effect". Exposure to the consequences of uncertainty constitutes a risk. In everyday usage, risk is often used synonymously with the probability of a known loss.

See Also

SmallBusiness.com Glossary

Source

See Wikipedia