fundamental risk
Definition
Exposure to loss from a situation affecting a large group of people or firms, and caused by (a) natural phenomenon such as earthquake, flood, hurricane, or (b) social phenomenon, such as inflation, unemployment, war. Fundamental risks may or may not be insurable.
Popular 'Disaster Planning & Risk Management' Terms
fundamental risk in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/fundamental-risk.html
