Simple English definitions for legal terms
Read a random definition: QEN
Risk: Risk means that something bad might happen and you might lose something because of it. It's like when you play a game and you might lose, but you still decide to play anyway.
Definition: Risk refers to the chance or possibility of an unfavorable event happening, which could lead to a loss or harm.
Examples:
These examples illustrate how risk involves the possibility of negative consequences. In each case, there is a chance that something could go wrong, resulting in a loss or harm. It's important to be aware of the risks involved in any decision or action and take steps to mitigate them.