Question

Give the meaning of term Risk.

Answer 1

Answer:

the meaning of risk is Hazard

Answer 2

The term risk refers to a hazard or the possibility of an injury or a loss due to something or someone.

Risk also refers to the potential of something valuable without being able to control it. This could be something like social status, physical health, financial wealth or emotional wellbeing. It primarily happens because of an uncertainty in financial markets.

The act of managing a risk is called risk management. It involves the process of identifying, evaluating and prioritizing risks.