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   

KITING European Council Kaffirs
Bancassurance Without Prejudice Period Entry
Financial Constraints Convertible securities Discount received
Addendum Pegging Fiscal Policy
Business Impact Advance information Free
Share Premium Market risk Going Forward
Authorised Operator Talis qualis Profit and Loss Responsibility
Patentability Certificate of Incorporation Crown Copyright Waiver
Call to Action Fill or kill Stock Exchange
Kilowatt hours (kWh) Non-Status Mortgage Alternative investment
Cafeteria plan Quantum Boil the ocean
Best Judgement Assessment Outsourcing
Take ownership Directives - EU Consensus

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.