residual risk

  

Definition

Exposure to loss remaining after other known risks have been countered, factored in, or eliminated.

Use residual risk in a sentence

  • A company or business may still have residual risk if they have a system in place that automatically scans for cyber threats.

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  • I wondered if there was any residual risk that might mess up what we had going on at the moment.

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  • You should always weigh the residual risk against the potential reward when you are trying to figure out if it is worth pursuing.

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