operational risk



Probability of loss occurring from the internal inadequacies of a firm or a breakdown in its controls, operations, or procedures.

Use operational risk in a sentence

  • Our insurance does not cover losses due to operational risk and any loss due breakdown in controls or internal inadequacy must be assumed by the company.

    5 people found this helpful
  • If you are trying to figure out if a project is worth trying you need to weigh the reward vs the operational risk.

    7 people found this helpful
  • I realized that there was an operational risk involved and it made me really nervous and also a bit frightened.

    4 people found this helpful
Show more usage examples...

Related Videos


Have a question about operational risk? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z