Risk definition

Risk means the combination of the probability of occurrence of harm and the severity of that harm;

Risk means a function of the probability of an adverse health effect and the severity of that effect, consequential to a hazard;

Risk means a combination of the probability and the degree of an injury or damage to health that can arise in a hazardous situation;

Examples of Risk in a sentence

• Risk of damage and loss of ineligible objects not measuring up to quality standards upon the termination of the Contract shall be borne by the Seller.

• The Contractor shall provide the Risk Management Policy to the Authority upon request within 10 Working Days of such request.

• Upon request of LOCAL AGENCY the STATE shall provide a letter from DGS, Office Risk and Insurance Management executed by a duly authorized officer of STATE.

• Please also consider our Risk Disclosure Statement and Service Agreement before trading with us.

• Bonds Duplicate copies of all bonds, which may be required hereunder, shall conform to City requirements established by charter, ordinance or policy and all federal requirements regarding the use of Grant Funds and shall be filed with the Office of the City Administrative Officer, Risk Management for its review in accordance with Los Angeles Administrative Code Sections 11.47 through 11.56.

More Definitions of Risk

Risk means the potential that a given threat will exploit vulnerabilities of a vehicle and thereby cause harm to the organization or to an individual.

Risk means the probability that injury or damage will occur;

Risk means anything that could negatively impact the District’s ability to meet its goals and objectives. The term includes strategic, financial, regulatory, reputational, and operational risks.

Risk means the likelihood of a specific effect occurring within a specified period or in specified circumstances;

Risk means potential for an adverse outcome.

Risk means the combination of the overall probability, or frequency of occurrence of a harmful effect induced by a hazard and the severity of that effect;

Risk means the probable rate of occurrence of a hazard causing harm and the degree of severity of the harm;