Meaning of “risk assessment” in the English Dictionary

"risk assessment" in Business English

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risk assessmentnoun

uk us

[ C or U ] also risk analysis MANAGEMENT the process of finding out how much risk is involved in doing something:

[ C ] a report of how much of a risk someone or something might be:

A recent report estimated that almost 50% of lenders price customers according to their individual risk assessment.

(Definition of “risk assessment” from the Cambridge Business English Dictionary © Cambridge University Press)