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What is a worst case scenario?

What is a worst case scenario? Here are some definitions.

Noun
  1. Any situation or conclusion which could not be any worse; the worst possible outcome.
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Examples
In the worst case scenario, a Shareholder may lose all its investments in the Portfolio.
In the worst case scenario, tax is owed on the funds going into the account and also on the interest earned by the account.
In a worst case scenario, Shiite judges could use this paragraph to allow the Grand Ayatollah's fatwas to over-rule secular legislation.
When such elements are included, they represent the worst case scenario as regards the risks incurred by the EU budget.
There is less risk with this type of strategy because the worst case scenario is that the call option held will be worthless at expiry.
In the worst case scenario, if a direct connection is laid to the door release, individual installations can actually pose a security risk.

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