Risk: meaning, definitions and examples

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risk

 

[rɪsk ]

Definitions

Context #1 | Noun

financial

Risk is the potential for gaining or losing something of value. In the financial world, risk is often associated with the uncertainty of returns on an investment.

Synonyms

chance, probability, uncertainty.

Which Synonym Should You Choose?

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Word Description / Examples
risk

Use when discussing potential negative outcomes or dangers involved in a situation. Often used in finance, medical fields, or any scenario where there is a possibility of harm or loss.

  • Investing in stocks comes with a certain level of risk.
  • There is a risk of infection after surgery.
chance

Use when referring to the possibility of something happening, typically without a negative connotation. It suggests a random or unpredictable factor.

  • There is a good chance it will rain tomorrow.
  • He took a chance and applied for the job.
uncertainty

Use when referring to a state of being unsure about the outcome. It often implies incomplete information and can be used in both neutral and negative contexts.

  • Due to the uncertainty of the situation, we decided to postpone the meeting.
  • There is a lot of uncertainty about the future of the economy.
probability

Use in more formal or scientific contexts to discuss the likelihood of an event occurring, often expressed in numerical terms.

  • The probability of winning the lottery is very low.
  • Scientists are working to determine the probability of an earthquake in this region.

Examples of usage

  • Investing in stocks carries a certain level of risk.
  • High-risk investments have the potential for high returns but also high losses.
Context #2 | Verb

take

To risk means to expose oneself to the possibility of a loss or danger. It involves taking a chance on something uncertain or risky.

Synonyms

gamble, hazard, venture.

Which Synonym Should You Choose?

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Word Description / Examples
risk

Used in situations involving the possibility of something negative happening. Often official or serious scenarios such as finance, health, or safety.

  • Investing in that new company is a big risk
  • Doctors warned that there is a high risk of infection
gamble

Typically used when referring to betting money or something of value on an uncertain outcome. It implies taking a chance with the hope of a positive but uncertain result.

  • He decided to take a gamble and put all his money on a single horse
  • Starting a new business without a solid plan is quite a gamble
venture

Usually refers to a new business or project that involves uncertainty and risk but has the potential for profit or significant positive outcomes. Often used in professional or entrepreneurial contexts.

  • She launched a new tech venture with her colleagues
  • They decided to venture into the unknown, exploring uncharted territories
hazard

Used to describe something that can cause harm or danger, often in terms of environmental or situational threats. It usually has a negative connotation.

  • The icy roads are a major hazard for drivers
  • Smoking is a serious health hazard

Examples of usage

  • She decided to risk her savings on the new business venture.
  • He risked his life to save the drowning child.

Interesting Facts

Etymology

  • The word 'risk' comes from the Italian 'risco,' meaning danger or peril, which evolved through Old French to modern English.
  • Originally used in maritime contexts, it referred to the dangers of sea travel and trade.
  • In the 19th century, the term began to be widely applied outside of sailing, encompassing various fields like finance and health.

Psychology

  • Studies show that risk-taking behavior is influenced by personality traits, such as being adventurous or impulsive.
  • Research indicates that young adults are generally more inclined to take risks, often seeking thrills and new experiences.
  • The idea of 'calculated risk' is important; it means weighing potential losses against possible gains before deciding.

Finance

  • In investing, risk is often associated with the uncertainty of returns; higher potential returns usually come with higher risks.
  • The concept of 'risk tolerance' helps investors understand how much uncertainty they can handle when making investment choices.
  • Financial markets use various methods, like diversification, to manage and reduce risk.

Culture

  • Risk is a common theme in literature and film, often portrayed through characters facing dangerous choices or situations that test their courage.
  • Many sports and adventure activities are designed around risk, thrilling audiences with the unpredictability of outcomes.
  • Cultural attitudes towards risk can vary significantly; some societies embrace risk-taking as part of progress, while others prefer stability and caution.

Health

  • In health contexts, risk involves the likelihood of adverse outcomes, such as disease or injury related to specific behaviors.
  • Public health campaigns often aim to reduce risk by promoting safer practices, like safe driving or healthy eating.
  • Understanding personal health risks can empower individuals to make informed lifestyle choices.

Translations

Translations of the word "risk" in other languages:

🇵🇹 risco

🇮🇳 जोखिम

🇩🇪 Risiko

🇮🇩 risiko

🇺🇦 ризик

🇵🇱 ryzyko

🇯🇵 リスク

🇫🇷 risque

🇪🇸 riesgo

🇹🇷 risk

🇰🇷 위험

🇸🇦 خطر

🇨🇿 riziko

🇸🇰 riziko

🇨🇳 风险

🇸🇮 tveganje

🇮🇸 áhætta

🇰🇿 тәуекел

🇬🇪 რისკი

🇦🇿 risk

🇲🇽 riesgo

Word Frequency Rank

At #760 in the frequency ranking, this word is highly important for effective communication. It's commonly used in daily situations and should be prioritized in your vocabulary building.