Risk

Risk

The chance of loss, the degree of probability of loss or the amount of possible loss to the insuring company. For an individual, risk represents such probabilities as the likelihood of surgical complications, medications' side effects, exposure to infection, or the chance of suffering a medical problem because of a lifestyle or other choice. For example, an individual increases his or her risk of getting cancer if he or she chooses to smoke cigarettes.

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Part of Speech: noun
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Industry/Domain: Insurance
Category: Health insurance
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Related terms

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 ...

risk

Medical devices; Radiology equipment

The probability of injury, disease, or death under specific circumstances and time periods. Risk can be expressed as a value that ranges from 0% (no injury or harm will occur) to ...

risk

Financial services; Real estate investment

Risk is the possibility that the invested capital in an investment will be lost. For purposes of determining the overall capitalization rate, the risk is assigned a risk factor.

risk

Banking; Investment banking

Exposure to damage or financial loss, e.g. a fall in the price of a security, or insolvency on the part of a creditor. Financial market theory measures the risk exposure of an ...

risk

Business services; Project management

An uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives. See also risk category and risk breakdown structure.

risk

Professional careers; Sales

The chance a purchaser takes that the product will not function as expected or satisfy the felt want, see emotional risk, financial risk, performance risk, physical risk, and ...

health insurance

Insurance; Health insurance

Insurance on health, thus one can be compensated after a car accident and get his/her amount of installments on health insurance with interest.

polycythemia

Medical; Health insurance

an increase in the total cell mass of the blood

pre-existing condition

Medical; Health insurance

any injury, disease, or disability that may have occurred at some time in the past and may predispose an individual to limited health in the future.

premium

Medical; Health insurance

the amount charged by a dental benefits organization for coverage of a level of benefits for a specified time

plastic surgery

Medical; Health insurance

Surgery to remodel, repair, or restore body parts, especially by the transfer of tissue.

speech therapy

Medical; Health insurance

peech Therapy focuses on receptive language, or the ability to understand words spoken to you, and expressive language, or the ability to use words to express yourself. It also ...

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