Business / Agriculture / Risk Assessment: The qualitative and quantitative evaluation of risks posed to health or the environment that arise from an activity, chemical use, or technology. The process includes describing potential adverse effects, evaluating the magnitude of each risk (e.g., the toxicity of a chemical), estimating potential exposure to the chemical or other hazard, estimating the range of likely effects given the likely exposures, and describing uncertainties.
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Risk Noun Synonyms: danger, peril, jeopardy, hazard, chance, gamble
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Business / Accounting / Risk Management: Procedures to minimize the adverse effect of a possible financial loss by: 1) identifying potential sources of loss: 2) measuring the financial consequences of a loss occurring: and 3) using controls MORE
Business / Agriculture / Risk Management Agency: An independent office within USDA that is responsible for the supervision of the Federal Crop Insurance Corporation: the administration and oversight of the federal crop insurance program and any pilo MORE
Business / Finance / Risk Premium: The reward for holding the risky equity market portfolio rather than the risk-free asset. The spread between Treasury and non-Treasury bonds of comparable maturity. MORE