B2 to do something although there is a chance of a bad result: "It's dangerous to cross here." "I'll just have to risk it." [+ -ing verb] He risked losing his house when his company went bankrupt.Taking risksGambling and bookmaking B2 If you risk something important, you cause it to be in a dangerous situation where you might lose it: I'm not risking my life (informal neck) in that old car. He risked life and limb to get the cat down from the tree. She was prepared to risk everything on a last throw of the dice.Taking risksGambling and bookmaking