Accepted risk

Accepted risk

Probability of suffering disease or injury which is accepted by an individual.

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Part of Speech: noun
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Blossary:
Industry/Domain: Biology; Chemistry
Category: Toxicology
Company: National Library of Medicine
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Related terms

acceptable risk

Natural environment; Earthquake

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.

acceptable risk

Biology; Chemistry; Toxicology

Probability of suffering disease or injury which is considered to be sufficiently small to be negligible. Note: Calculated risk of an increase of one case in a million people per ...

accepted risk

Biology; Chemistry; Toxicology

Probability of suffering disease or injury which is accepted by an individual.

acceptable risk level

Environment; Environmental policy

Level of risk judged to be outweighed by corresponding benefits or one that is of such a degree that it is considered to pose minimal potential for adverse effects.

risk appetite; willingness to accept risk

Banking; Investment banking

Synonym for risk tolerance.

risk

Energy; Nuclear energy

The combined answer to three questions that consider (1) what can go wrong, (2) how likely it is, and (3) what its consequences might be. These three questions allow the NRC to ...