Business terms and jargon explained. Your business dictionary

What is Operational risk

The risks associated with the internal failure of systems or people, or the risk arising from external events. These are risk events such as internal fraud, the failure of internal IT infrastructure (e.g. for payment and settlement) or external factors such as terrorism, which have the potential to impact on the institutions ability to carry out its business.

© Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Prorogation Historical Cost Judgement Marketing Mix
Contempt of Court Merger N161 Civil Court form Sweat equity
Marginal Cost Pricing Web design agreement Production Zip Code
Ex post facto High Court Capital intensity EMU
Company Logo Unemployed Hedge Mouse potato
Guarani Credit Scoring BIMBO Work Permit
Privileged Will Local Justice Area Amortisation Forwarding Agent
Complaints Commissioner to the Bar Council Independent Review Service Króna WOWGR
Money Supply Assurance Freehold Blind Testing
Oligopoly Discount allowed Flash GZIP

Term created / updated 2007-05-22 14:19:32

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.