Meaning

• A possible adverse event or outcome

• The probability of a negative outcome to a decision or event.

  "2006, Trever Ramsey on BBC News website, Exercise 'cuts skin cancer risk' read at http//news.bbc.co.uk/1/hi/health/4764535.stm on 14 May 2006"

• The magnitude of possible loss consequent to a decision or event.

• (formal use in business, engineering, etc.) The potential (conventionally negative) effect of an event, determined by combining the likelihood of the event occurring with the effect should it occur.

• An entity insured by an insurer or the specific uncertain events that the insurer underwrites.

Meaning

• To incur risk of (something).

• To incur risk of harming or jeopardizing.

• To incur risk as a result of (doing something).