Definition of Risk
Updated June 09, 2015.
Definition: Risk is the chance that something of value will be endangered. Risk refers to the likelihood or possibility that a negative consequence will occur as a result of a chosen course of action or inaction.
Pronunciation: risk
Also Known As: hazard, jeopardy
Examples: Smoking increases your risk of developing lung cancer.
Definition: Risk is the chance that something of value will be endangered. Risk refers to the likelihood or possibility that a negative consequence will occur as a result of a chosen course of action or inaction.
Pronunciation: risk
Also Known As: hazard, jeopardy
Examples: Smoking increases your risk of developing lung cancer.
