Risk is the potential that a chosen action or activity will lead to a loss. The notion implies that a choice having an influence on the outcome sometimes exists. Potential losses themselves may also be called "risks". Any human endeavor carries some risk, but some are much more risky than others. Risk can be defined in six different ways 1. A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action. 2.Finance: The probability that an actual return on an investment will be lower than the expected return. Financial risk can be divided into the following categories: Basic risk, Capital risk, Country risk, Default risk, Delivery risk, Economic risk, Exchange rate risk, Interest rate risk, Liquidity risk, Operations risk, Payment system risk, Political risk, Refinancing risk, Reinvestment risk, Settlement risk, Sovereign risk, and Underwriting risk. 3. Food industry: The possibility that due to a certain hazard in food there will be an negative effect to a certain magnitude. 4. Insurance: A situation where the probability of a variable is known but when a mode of occurrence or the actual value of the occurrence is not. A risk is not an uncertainty, a peril, or a hazard. Wikipedia [ - ]

Risk is the potential that a chosen action or activity will lead to a loss. The notion implies... [ + ]