risk

/rɪsk/
nounIntermediate
general

the possibility of suffering harm or loss; danger

Driving without a seatbelt increases the risk of injury in an accident.

This highlights the danger associated with not wearing a seatbelt.

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In everyday contexts, 'risk' refers to the potential for negative outcomes.

💰Finance
Finance

the chance of financial loss or gain in an investment or business venture

The company decided to diversify its portfolio to mitigate risk.

This shows how businesses manage financial risk by spreading investments.

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In finance, risk is quantified and managed to optimize returns.

🏥Medicine
Medical

the likelihood of an adverse event in medicine, such as complications from a procedure

The doctor explained the risks associated with the surgery.

This refers to potential medical complications or side effects.

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Medical risk assessment involves evaluating patient health and procedure outcomes.

💼Business
Business

a calculated exposure to danger or uncertainty for potential gain

Entrepreneurs often take risks to innovate and grow their businesses.

This shows how risk-taking can lead to business success.

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In business, risk is often balanced with opportunity.

Collocations

take a riskto do something that may have a negative outcome but could also be beneficialassess riskto evaluate the potential dangers or losses in a situationmanage riskto control or reduce the likelihood of negative outcomeshigh-riskdescribing a situation with a significant chance of failure or lossrisk assessmentthe process of identifying and analyzing potential risks

Synonyms

Antonyms

Related Phrases

at riskphrase
in a position where harm or loss is likely
risk factorphrase
a variable associated with an increased chance of a negative outcome
risk-aversephrase
reluctant to take risks

💡Pro Tip

Understanding Risk in Different Contexts

The meaning of 'risk' can vary depending on the field. In finance, it refers to potential financial loss, while in medicine, it refers to health complications.

Gold Rule

Risk vs. Danger

'Risk' implies a calculated possibility of harm, while 'danger' suggests immediate threat.

📖Word Origin

From Middle English 'riske,' from Middle French 'risque,' from Italian 'risco,' meaning 'danger.'

📝Usage Notes

The word 'risk' is often used in contexts where uncertainty and potential harm are involved. In finance, it is a measurable concept, while in everyday language, it can be more abstract.

Word Breakdown

risk
the possibility of harm or loss
root
English Dictionary