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The advice, if followed, would be expected to reduce cancer risk, referring both to avoiding or reducing exposure to carcinogenic agents or changing behaviour related to cancer risk and to participating in medical interventions able to avert specific cancers or their consequences.
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Default risk refers to the chance of a borrower's not repaying a loan.
Within this context, risk refers to exposure to the chance of loss and typically involves likelihood estimates associated with outcomes.
According to Knight, "risk" refers to a situation in which the probability of an outcome can be determined, and therefore the outcome insured against.
Correlation risk refers to the change in the payoff from an asset when the correlation between the underlying assets is stochastic or uncertain.
For instance, in the national press, against a picture of smiling happy healthy people, Johnson & Johnson advertises Zocor, a cholesterol lowering drug now available through pharmacists, with the line "my risk [of a heart attack] could be as much as one in seven", where the risk refers to the risk of heart attack in the next 10 years.
Risk refers to the likelihood (probability of event occurring) plus the likely impact of the threat (without mitigation and contingency measures).
Being exposed to risks obviously raises concern to the extent that the potential harm to which the risk refers is realized: the chance of a headache turns into an actual headache.
'Intermediate risk' referred to pulmonary emboli in patients who were hemodynamically stable but had evidence of right ventricular dysfunction by echocardiography or computed tomography (CT) as well as elevated troponin values.
Basis risk refers to situations when the index indicates loss (yield reduction) while in reality this may not occur, or when the index indicates no loss contrary to the observed loss.
Although most of the above-mentioned meanings of "risk" have been referred to by philosophers, a large part of the philosophical literature on risk refers to risk in the more informal sense that was mentioned at the beginning of this section, namely as a state of affairs in which an undesirable event may or may not occur.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com