Business Terms and Jargon Explained

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

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   

Leverage Retail Financial Services Aggravating
Open court Yankee market Yuan
Gross interest Forward Rate Information Commissioner
Leone Chambers Kickback
Debt collection letters In terrorem BRIC
Warranty liability Nominal wage flexibility Operating profit
Tax Form - P9 Kerning Economist
Joint Tenants Deadline Zombie Fund
National Insurance (NI) Tenge Insolvency
Lari Grant of representation Arbitrator or Arbitration
Negative equity Ancillary relief Case
Rational Decision Pro forma Earning asset
PLN Rufiyaa Simple Interest

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2020 Scopulus Limited. All rights reserved.