Risk

Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called "risks". Almost any human endeavor carries some risk, but some are much more risky than others.

Read more about Risk:  Historical Background, Practice Areas, Risk Assessment and Analysis, Risk in Auditing, Other Considerations, Further Reading

Famous quotes containing the word risk:

    The Englishman’s strong point is his vigorous insularity; that of the American his power of adaptation. Each of these attitudes has its perils. The Englishman stands firmly on his feet, but he who merely does this never advances. The American’s disposition is to step forward even at the risk of a fall.
    Thomas Wentworth Higginson (1823–1911)

    It cannot in the opinion of His Majesty’s Government be classified as slavery in the extreme acceptance of the word without some risk of terminological inexactitude.
    Winston Churchill (1874–1965)

    It’s a funny thing, the less people have to live for, the less nerve they have to risk losing—nothing.
    Zora Neale Hurston (1891–1960)