Hazard

A hazard is a situation that poses a level of threat to life, health, property, or environment. Most hazards are dormant or potential, with only a theoretical risk of harm; however, once a hazard becomes "active", it can create an emergency situation. A hazard does not exist when it is not happening. A hazardous situation that has come to pass is called an incident. Hazard and vulnerability interact together to create risk. For hazards in the context of risk assessment, see Hazard (risk)

Read more about Hazard:  Modes of A Hazard, Classifying Hazards, Causes of Hazards

Famous quotes containing the word hazard:

    “Who chooseth me must give and hazard all he hath.”
    Must give—for what? for lead, hazard for lead?
    This casket threatens. Men that hazard all
    Do it in hope of fair advantages;
    A golden mind stoops not to shows of dross.
    William Shakespeare (1564–1616)

    I, who am king of the matter I treat, and who owe an accounting for it to no one, do not for all that believe myself in all I write. I often hazard sallies of my mind which I mistrust.
    Michel de Montaigne (1533–1592)