A
calculated risk refers to making a well-thought-out decision where the potential benefits outweigh the possible negative outcomes. It involves being aware of the potential risks and uncertainties, and taking steps to mitigate them before taking action.
Full definition
You have to manage risk... or
take calculated risks by putting controls in place to mitigate catastrophe.
There isn't a consensus about what this means, but there are a few different methods of
calculating your risk in the medical literature.
Car insurance companies
calculate your risk by looking at many different factors including your age, the car you drive, where you live, etc..
Companies calculate risk based on a policyholder, the number of claims and their severity — how those came to be to is not relevant in their eyes.
Your age is one of the biggest factors that the insurance company is going to use
when calculating your risk and determining how much you have to pay for your coverage.
Firstly, to
calculate this risk from an investment standpoint, we need to know what our «break - even» point is on the investment assuming a fixed mortgage rate.
Many companies analyze your health differently and
also calculate risk in slightly varying ways.
Nonetheless, never be afraid to take a reasonable, well -
calculated risk if it could help you grow your practice.
The formula for
calculating risk exposure is the total loss if the risk occurs multiplied by the probability that the risk will actually happen.
Many factors go
into calculating the risk of a specific individual and one of the most important factors is a person's body mass index (BMI).
Focus on constructive criticism and ongoing learning, and your team will quickly figure out that with some
carefully calculated risk, their new ideas can still come to life.
Each life insurance company
calculates risks differently so get quotes from several different companies and then compare what each can offer you for your specific budget.
Taking a
few calculated risks provides more of a diversified path to building wealth and generating passive income.
Every insurance company does
n't calculate risk the same way, which means prices are different from company to company.
This
means calculating the risk in their portfolio and continually comparing it against their assessment of their own risk tolerance.
It's
merely calculating risk based on wealth and biological traits that indicate physical health and successful breeding potential.
Insurance companies are in the business of
assuming calculated risk, and problems with the home or exterior significantly change the equation.
It asks simple questions about your eating behaviors and attitudes, and
calculates your risk level for developing an eating disorder.
He came in late in games with the sole strategy of slowing the game down and holding on to possession and taking
only calculated risks.
The reason for this is that the life insurance company
calculates the risk over the entire period then divides the cost evenly over the number of anticipated years you will own your policy.
One trait is very common among such people; they are always ready to take the
necessary calculated risk involved in the business venture and they are ready for the adventure.
Surely his job is to look at both,
including calculated risks to avoid relegation for greater financial reward the following season.
Even if they are not so keen about credit, home equity lenders must
calculate risk before lending to avoid losses.
Actual rates vary significantly from one person to the next because each insurance company
calculates risk according to a number of different factors.
Engineers have a natural inclination to solve problems,
quickly calculating risk and reward to determine the most viable solutions.
Things like brand curiosity, possessing an ownership mentality, being a team player, and willingness to
take calculated risk are all attributes I weigh potential hires against.
That's normally fairly straightforward, but it gets complicated with a joint policy because the insurance company is
calculating the risks for two different people.
Nevertheless, insurers also assess financial responsibility, lifestyle and behavior
when calculating risk and premiums.
Phrases with «calculated risk»