Difference between revisions of "Financial Risk"

From Open Risk Manual
(Initial Entry)
 
 
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== Definition ==
 
== Definition ==
'''Financial Risk'''.  
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'''Financial Risk''' is a general [[Risk Type]] category that collectively applies to adverse [[Risk Event | risk events]] that lead to a financial (monetary) loss. Many risk types lead to financial loss either directly or indirectly hence the category is defined somewhat loosely
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== Examples ==
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The primary examples of risk types that are included under financial risk are
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* [[Market Risk]], the risk that the observed price of property / assets will vary
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* [[Credit Risk]], the risk that expected receivables under various contracts will not materialize
  
  

Latest revision as of 12:33, 30 November 2019

Definition

Financial Risk is a general Risk Type category that collectively applies to adverse risk events that lead to a financial (monetary) loss. Many risk types lead to financial loss either directly or indirectly hence the category is defined somewhat loosely

Examples

The primary examples of risk types that are included under financial risk are

  • Market Risk, the risk that the observed price of property / assets will vary
  • Credit Risk, the risk that expected receivables under various contracts will not materialize


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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