Risk vs. Uncertainty

Risknoun

(countable) A possible adverse event or outcome

Risknoun

The probability of a negative outcome to a decision or event.

Risknoun

The magnitude of possible loss consequent to a decision or event.

Risknoun

The potential (conventionally negative) effect of an event, determined by combining the likelihood of the event occurring with the effect should it occur.

Risknoun

An entity insured by an insurer or the specific uncertain events that the insurer underwrites.

Riskverb

(transitive) To incur risk of (something).

Riskverb

(transitive) To incur risk of harming or jeopardizing.

Riskverb

(transitive) To incur risk as a result of (doing something).

Risknoun

Hazard; danger; peril; exposure to loss, injury, or destruction.

Risknoun

Hazard of loss; liabillity to loss in property.

Riskverb

To expose to risk, hazard, or peril; to venture; as, to risk goods on board of a ship; to risk one's person in battle; to risk one's fame by a publication.

Riskverb

To incur the risk or danger of; as, to risk a battle.

Risknoun

a source of danger; a possibility of incurring loss or misfortune;

Risknoun

a venture undertaken without regard to possible loss or injury;

Risknoun

the probability of becoming infected given that exposure to an infectious agent has occurred

Risknoun

the probability of being exposed to an infectious agent

Riskverb

expose to a chance of loss or damage;

Riskverb

take a risk in the hope of a favorable outcome;

Risk

In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences.

Uncertaintynoun

(uncountable) Doubt; the condition of being uncertain or without conviction.

Uncertaintynoun

(countable) Something uncertain or ambiguous.

Uncertaintynoun

A parameter that measures the dispersion of a range of measured values.

Uncertaintynoun

The quality or state of being uncertain.

Uncertaintynoun

That which is uncertain; something unknown.

Uncertaintynoun

being unsettled or in doubt;

Uncertaintynoun

the state of being unsure of something

Uncertainty

Uncertainty refers to epistemic situations involving imperfect or unknown information. It applies to predictions of future events, to physical measurements that are already made, or to the unknown.