Process Risk Definition:
A way to express variables in potential revenue as a function of sample size. The risk decreases with increasing sample size. The damage forecast is based on historical damage data. More reliable loss information reduces the risk of litigation involved in the calculation. In insurance terms, a large number of laws are directly related to the credibility of the expected claims on which the premium is based. The risk is reduced as the number of exposure units increases.
Literal Meanings of Process Risk
Meanings of Process:
Perform a series of mechanical or chemical processes on (something) to modify or maintain.
A series of steps or measures taken to achieve some balance goals
Supreme Court or court order due to which someone appears in court.
Appendicitis or natural growth in an organism, such as a tumor in the bone.
Go or go to the procession.
Sentences of Process
Different stages of wool processing
Military operations can compromise the peace process.
The plaintiff has to make a report and inform the defendant.
The triangular process occurred 58 times in both bones out of a total of 334 pairs of shoulder blades.
They tried in the hallway
Synonyms of Process
exercise, affair, subpoena, operation, activity, task, writ, business, procedure, undertaking, proceeding, job, action, summons
Meanings of Risk:
Expose someone of loss, damage or loss or anything of value.
Conditions involved in exposure to hazards
Sentences of Risk
Disobeying the law is very dangerous
Synonyms of Risk
put in danger, menace, venture, threat, probability, put in jeopardy, likelihood, expose to danger, peril, fear, chance, jeopardize, possibility, hazard, danger, gamble with, put on the line, take a chance with, prospect, wager, endanger, put at risk, bet, imperil, gamble