Business terms and jargon explained. Your business dictionary

What is Risk

This is the odds of an outcome which is not conclusive and may not go the way you want or have planned it to be. The outcome may be good or bad, Harmful or beneficial, profitable or un-profitable. Risk is something that cannot always be measured and there may be different attitudes to risk or the perceived risk.

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Term created / updated 2008-08-12 17:00:23

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