Risk

RISK /rɪsk/
nounverbB1SATTOEFLIELTS
generalbusiness

A situation involving exposure to danger; the possibility that something unpleasant or unwelcome will happen. (verb) To expose (someone or something) to danger, harm, or loss.

Can be neutral (e.g., 'risk assessment') or negative (e.g., 'at risk'). In finance, it's the quantifiable chance of losing money or not achieving a financial goal.

The story behind the word. The word 'risk' comes to English from the French risque, which in turn came from the Italian risico (or risco), meaning 'danger, peril, chance.' This Italian word likely originated from the Greek rhiza, meaning 'root' or 'cliff,' perhaps referring to the danger of sailing too close to shore or hidden rocks. It entered English in the late 17th century, primarily in a maritime context, before expanding to general and financial usage.

Word relationships

  • Hazard: Often implies a source of danger rather than the possibility of an outcome.
  • Peril: Suggests more immediate and serious danger.
  • Venture: A risky undertaking, often with a positive connotation of boldness.
  • Safety: The condition of being protected from danger, risk, or injury.
  • Security: The state of being free from danger or threat.
  • Certainty: Firm conviction that something is the case.

Commonly confused with

  • Danger: 'Danger' refers to the potential for harm, while 'risk' is the probability of that harm occurring, often with an element of choice or exposure.

Word family

  • Risky (adjective): Full of the possibility of danger, failure, or loss.
  • Risk-taker (noun): A person who takes risks.

Collocations

  • take a risk
  • run a risk
  • high risk
  • low risk
  • manage risk
  • assess risk
  • risk management
  • at risk

Idioms & expressions

  • at your own risk
  • risk one's neck
  • risk life and limb

Example sentences

  • "The company decided to mitigate the risk of data breaches by investing in stronger cybersecurity measures." General safety
  • "Investing in the stock market always involves some risk, but it also offers the potential for significant returns." Financial decision
  • "She was willing to risk her reputation by speaking out against the corrupt practices within the organization." Taking a chance

Memory hook

Don't RISK it! Imagine a pirate saying 'Arrr, I'll RISK me treasure!' to remind you of danger and potential loss. Pirate's danger.

When not to use

Do not use 'risk' when referring to a definite negative outcome; use 'certainty' or 'guarantee of loss' instead. Avoid using it for situations where there is no potential for negative consequences.

Fun facts

  • The concept of 'risk' is central to insurance, where premiums are calculated based on the likelihood of certain events occurring.
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