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

• The rights and obligations of the Parties that, by their nature, would continue beyond the expiration or termination of this Agreement, e.g., "Liability and Risk of Loss" and "Intellectual Property Rights"-related clauses shall survive such expiration or termination of this Agreement.

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

• The Authority may, at its absolute discretion, require changes to the Risk Management Policy to comply with the Authority’s Security Requirements.

• Risk in the Transferring Assets shall pass to the Customer or the Replacement Supplier (as appropriate) at the end of the Termination Assistance Period and title to the Transferring Assets shall pass to the Customer or the Replacement Supplier (as appropriate) on payment for the same.

• Coverages provided by Contractor must be underwritten by an insurance company deemed acceptable to the State of Washington’s Office of Risk Management.

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 likelihood that an incident of child abuse

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