Notes
General Risk Definition
Content of the notes (3)
Page 1
The chance or possibility of damages, loss, injury or other adverse consequences.
Page 2
Chance - the likelihood or probability of an event happening
Adverse consequences - the potential outcome is regarded as negative. It is a potential occurrence that people trying to avoid. This is also called the downside of risk.
Page 3
4 major risk categories:
Credit
Market
Liquidity
Operational
Information
- Description
- Note on General Risk Definition, created by Laura Robinson on 02/10/2018.
- Created by
- Laura Robinson · Oct 2018
- Updated
- Oct 2, 2018
- Views
- 8
- Tags
- Rating