catastrophe
Definition
Sudden disaster of immense proportions that has severe consequences, often accompanied by destruction of assets and/or loss of life.
catastrophe is in the Disaster Planning & Risk Management and General, Marine, & Life Insurance subjects.
catastrophe appears in the definitions of the following terms: catastrophe equity put option, catastrophe swap, crisis, high consequence low probability event, 'Limits-To-Growth' report, clear and present danger, catastrophe bond, Gaia hypothesis and major item
catastrophe appears in the other term: catastrophe theory
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