Acceptable risk definition
Acceptable risk means a probability of one additional lifetime incidence of cancer in 100,000 (1x10-5) or less for carcinogens, and a hazard index of one (1) or less for non-carcinogens, as applicable. For certain contaminants, where cancer or non-cancer risk does not apply, the Department may approve or require other methods that it determines are appropriate for determining risk.
Acceptable risk level" has the meaning set forth in Oregon Revised Statute (ORS) 465.315 and Oregon Administrative Rule (OAR) 340-122-0115.
Examples of Acceptable risk in a sentence
If “Yes”, name of employee and relationship with employee: ☐ ☐ ☐ Capital Gain ☐ Speculation ☐ Hedging ☐ Dividend Income ☐ Short Term ☐ Long Term ☐ Other (please specify) Acceptable risk investments ☐ High ☐ Medium ☐ Low Client had undergone training or attended courses related to derivative products.
More Definitions of Acceptable risk
Acceptable risk means, for the purposes of this Code, the level of risk that is acceptable to the enterprise of an incident occurring which could result in a breach of the applicable requirements regarding confidentiality, integrity and availability/robustness in a specific case. The level of risk will depend on the probability of an incident occurring and the consequences of such an incident. Each enterprise shall conduct a specific assessment of how it will achieve an acceptable level of risk using acceptance criteria for risk.
Acceptable risk means that there is reasonable certainty that no harm to human health, future generations, vulnerable populations, or the environment will result from exposure to or the manufacture, processing, import, use, or release of a substance;
Acceptable risk means the level of potential disaster loss or impact within a period of time, which is considered admissible to determine the minimum safety requirements or demands, for protection and planning purposes, in the event of possible dangerous phenomena, and includes the social, economic and environmental consequences that a society assumes or tolerates where it considers an intervention for their reduction unnecessary, unfeasible, inopportune or impossible given the existing economic, social, political, cultural and technical context;
Acceptable risk means a tolerable level of deviation against a particular target of the Company.
Acceptable risk means a probability of one additional lifetime incidence of cancer in 100,000 (1x10-5) for carcinogens, and a hazard index of one (1) or less for non-carcinogens, as, as applicable. For certain contaminants, including lead, where cancer or non-cancer risk does not apply, the Department may approve other methods that it determines are appropriate for deteriming risk.There are exceptional contaminants, including lead, for which cancer or non-cancer risk does not apply and Tthe Department may approve other methods for determining acceptable risk for non-applicablethese contaminants (e.g., lead).
Acceptable risk means a level of exposure to contaminants which does not produce unacceptable risk.
Acceptable risk is a relative concept and involves consideration of different factors. Considerations in these judgments may include: The certainty and severity of the risk. The reversibility of the health effect. The knowledge or familiarity of the risk; whether the risk is voluntarily accepted or involuntarily imposed. Whether individuals are compensated for their exposure to the risk. The advantages of the activity. The risks and advantages for any alternatives.