acceptable level of risk


acceptable level of risk
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English-Russian Biotechnology Glossary. . 2007.

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  • level — {{Roman}}I.{{/Roman}} noun 1 amount/size/number ADJECTIVE ▪ elevated, high, significant, substantial ▪ record ▪ Industrial output has reached record levels. ▪ …   Collocations dictionary

  • Risk appetite — Definition Risk appetite is an acceptable level of risk in an organisation in order to gain better benefit. References [http://thefinance.sg/2008/05/27/risk appetite objective or subjective/ Risk Appetite Objective or Subjective] …   Wikipedia

  • Risk — takers redirects here. For the Canadian television program, see Risk Takers. For other uses, see Risk (disambiguation). Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable… …   Wikipedia

  • Risk homeostasis — is a risk theory developed by Gerald J.S. Wilde, a professor emeritus of psychology at Queen s University, Kingston, Ontario, Canada. This theory is fleshed out in Wilde s book1.The theory of risk homeostasis states that an individual has an… …   Wikipedia

  • risk management — noun The process of determining the maximum acceptable level of overall risk to and from a proposed activity, then using risk assessment techniques to determine the initial level of risk and, if this is excessive, developing a strategy to… …   Wiktionary

  • Acceptable quality limit — The acceptable quality limit (AQL) is the worst tolerable process average in percentage or ratio, that is still considered acceptable: that is, it is at an acceptable quality level.[1] Closely related terms are the rejectable quality limit and… …   Wikipedia

  • risk minimization — A *risk management technique that reduces the likelihood of occurrence of a *risk or reduces the potential impact of a *risk. If a risk has been managed to acceptable levels of *residual risk, the incremental costs of attempting *risk elimination …   Auditor's dictionary

  • risk tolerance — noun a) Risk tolerance is a more specific measure of the degree of uncertainty that an investor is willing to accept in respect of negative changes to its business or assets, as opposed to risk appetite being a broad based level. (Generic) b) The …   Wiktionary

  • Risk assessment — is a common first step in a risk management process. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat. Quantitative risk assessment requires calculations of… …   Wikipedia

  • Acceptable daily intake — or ADI is a measure of the amount of a specific substance (usually a food additive, or a residue of a veterinary drug or pesticide) in food or drinking water that can be ingested (orally) over a lifetime without an appreciable health risk. ADIs… …   Wikipedia

  • Risk management — For non business risks, see risk, and the disambiguation page risk analysis Example of risk management: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, assessment,… …   Wikipedia

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