Acceptable risk

Acceptable risk

The probability of social or economic consequences due to a hazard that is a realistic basis for determining design requirements or taking certain social or economic actions.

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Part of Speech: noun
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Industry/Domain: Natural environment
Category: Earthquake
Company: University of Utah
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Lhasa

Capital of Tibet since the 9th century. Originally it had little political significance but was of great religious importance. In 1642 it became the ...