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The reason for this is typically to do with organizational management structures; however, there are strong links among these disciplines.One of the strongest links between these is that a single risk event may have impacts in all three areas, albeit over differing timescales.
In this definition, uncertainties include events (which may or may not happen) and uncertainties caused by ambiguity or a lack of information.
Financial risk is often defined as the unpredictable variability or volatility of returns, and this would include both potential better-than-expected and worse-than-expected returns.
References to negative risk below should be read as also applying to positive impacts or opportunity (e.g.
Any human endeavour carries some risk, but some are much riskier than others.
The Oxford English Dictionary cites the earliest use of the word in English (in the spelling of risque from its from French original, 'risque' ) as of 1621, and the spelling as risk from 1655.
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In each case, careful communication about risk factors, likely outcomes and certainty must distinguish between causal events that must be decreased and associated events that may be merely consequences rather than causes.