Risk refers to the uncertainty arising from the possible occurrence of given events.
risk appetite
Risk appetite is the degree to which an organization's management is willing to accept the uncertainty of loss for a given risk when it has the option to pay a fixed sum to transfer that risk to an insurer.
Additional Information
Summary
Synonyms
risk tolerance
Related Terms
Risk refers to the uncertainty arising from the possible occurrence of given events.
Risk refers to the uncertainty arising from the possible occurrence of given events.
