Risk In Our Society Crossword

An uncertainty concerning the occurance of a loss
The cause of a loss
a condition that creates or increases the frequency or severity of loss
An example of risk transfer where the liability of the stockholders is limited, and the risk of the firm having insufficient assts to pay business debts is shifted to the creditors
A technique for transferring the risk of unfavorable price fluctuations to a speculator by purchasing and selling futures contracts on an organized exchange, such as the Chicago Board of Trade.
A technique for managing risk such as not getting married to stay away from the possibilty of getting divorced
An individual or business firm retains part of all of the financial consequences of a given risk
A special form of planned retention by which part or all of a given loss exposure is retained by the firm
Defined as a financial loss that results from the physical damage, destruction, or theft of the property
Any situation or circumstance in which a loss is possible, regardless of whether a loss occurs