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What does risk mean?

Looking for the meaning or definition of the word risk? Here's what it means.

Noun
  1. A possible, usually negative, outcome, e.g., a danger.
  2. The likelihood of a negative outcome.
  3. (Formal use in business, engineering, etc.) The potential (conventionally negative) effect of an event, determined by combining the likelihood of the event occurring with the effect should it occur.
  4. (insurance) An entity insured by an insurer or the specific uncertain events that the insurer underwrites.
Verb
  1. (transitive) To incur risk (of something).
  2. (transitive) To incur risk of harming or jeopardizing.
  3. (transitive) To incur risk as a result of (doing something).
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