Risks
/ˈrɪsks/
Definitions
- (n.) Potential events or conditions that may cause loss, damage, or legal liability.
The contract outlines the allocation of risks between the parties.
- (v.) Third-person singular present of risk.
The company risks significant penalties by violating regulations.
Forms
- risk
Related terms
See also
Commentary
As a plural noun, 'risks' refers to multiple potential adverse events; as a verb, it is the third-person singular present of 'risk.' Distinguishing between these uses in drafting is crucial for clarity.
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.