Risk Evaluation
/ˈrɪsk ˌɛvəˈluːeɪʃən/
Definitions
- (n.) The systematic process of identifying, assessing, and prioritizing risks to minimize their impact on a legal or business entity.
The legal team conducted a thorough risk evaluation before advising on the merger.
Forms
- risk evaluation
- risk evaluations
Related terms
See also
Commentary
Often used in contract drafting and corporate governance to anticipate potential liabilities and regulatory exposures.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.