Risk Assessment Vocabulary

adjective referring to something risky or uncertain

• Investing in the stock market can be quite chancy and requires careful consideration.
• Relying on luck in the stock market is pretty chancy, if you ask me.
• Playing the lottery is way too chancy for my liking.
• Taking a chancy leap of faith can sometimes lead to great rewards.

adjective cautious or careful; wary

adverb in a cautious or wary manner

• She was chary of making any hasty decisions without fully considering the consequences.
• He's always been a bit chary when it comes to trying new foods.
• I'm chary about lending money to people I don't know well.
• The company was chary about investing in the risky new technology.

noun not applicable

verb not applicable

adjective able to be foreseen or predicted

adverb not applicable

pronoun not applicable

preposition not applicable

conjunction not applicable

interjection not applicable

article not applicable

• The company's financial projections are based on foreseeable market trends.
• I can't predict the future, but I think it's pretty foreseeable that prices will go up.
• It was totally foreseeable that she would bail on us at the last minute.
• In the grand scheme of things, the consequences of our actions were foreseeable from the start.

noun a haphazard circumstance or event

adjective characterized by lack of order or planning; random

• The haphazard arrangement of the furniture made the room look disorganized.
• She always does things in a haphazard way, never planning ahead.
• The party was thrown together in a haphazard manner, but it turned out to be a blast.
• His thoughts were like a haphazard jumble, making it difficult for him to focus on one thing at a time.

noun uncertainty or doubt

adjective incertain or uncertain

• The incertitude surrounding the new government policies has caused concern among investors.
• I'm feeling a lot of incertitude about my job prospects right now.
• I hate the incertitude of waiting for exam results.
• The incertitude of love can be both thrilling and terrifying.

noun the difference in score between opposing teams or players in a game or competition

• The odds of winning the lottery are very slim.
• I like our odds of winning the game tonight.
• I'm gonna beat the odds and come out on top.
• Despite the odds stacked against her, she never gave up.

noun a very steep rock face or cliff, typically a tall one

• The hiker stood at the edge of the precipice, admiring the breathtaking view.
• I can't believe we climbed to the top of that huge precipice!
• Dude, that drop-off is like a total precipice, be careful!
• The company was on the precipice of bankruptcy before the new CEO turned things around.

noun the state of being uncertain or not able to be relied on

adjective not able to be relied on or known for certain

• The economic forecast is filled with uncertainty due to the global pandemic.
• I'm not sure what the future holds, there's a lot of uncertainty right now.
• I'm feeling kinda iffy about the situation, there's so much uncertainty.
• In the fog of uncertainty, she struggled to find her way forward.

noun a person or company that assesses and assumes the risk of another entity in exchange for a fee

• The underwriter carefully reviewed the insurance application before approving coverage.
• The underwriter had to double-check all the details on the form before giving the green light.
• The underwriter had to sign off on the deal before it could go through.
• She acted as the underwriter for the project, ensuring all risks were assessed before moving forward.

adjective not capable of being carried out or put into practice; not feasible

• The proposed project timeline is unfeasible given the limited resources available.
• It's unfeasible to finish all this work by the end of the week.
• Trying to juggle all these tasks at once is totally unfeasible.
• Dreaming of becoming a millionaire overnight is unfeasible without putting in the hard work.

noun a word that represents a person, place, thing, or idea

• The planning fallacy refers to the tendency for individuals to underestimate the time, costs, and risks involved in completing a project.
• We fell victim to the planning fallacy and ended up way behind schedule on the construction project.
• Don't let the planning fallacy get you - always add extra time and resources to your estimates.
• The planning fallacy is like wearing rose-colored glasses when it comes to project timelines.

noun A word that represents a person, place, thing, or idea.

preposition A word that shows the relationship between a noun (or pronoun) and other words in a sentence.

conjunction A word that connects words, phrases, or clauses in a sentence.

article A word that is used to specify a noun as specific or unspecific. In this case, 'the' is a definite article indicating a specific noun.

• In legal terms, the but for test is used to determine causation in negligence cases.
• You can think of the but for test as a way to figure out if something caused an event.
• The but for test is like the ultimate 'what if' scenario in law.
• Applying the but for test to our relationship, I realize that you are the reason for my happiness.

noun a branch of accounting that involves investigating financial records to uncover fraud or other illegal activities

• Forensic accounting is the application of accounting principles to legal cases.
• Forensic accounting helps uncover financial fraud through detailed analysis.
• Doing some detective work with numbers is what forensic accounting is all about.
• In a sea of financial data, forensic accounting acts as a lighthouse guiding towards the truth.

noun a word that represents a person, place, thing, or idea

adjective a word that describes or modifies a noun

preposition a word that shows the relationship between a noun or pronoun and other words in a sentence

• In the best case scenario, the company will double its profits by the end of the year.
• The best case scenario is that we finish our project ahead of schedule and under budget.
• The best case scenario would be if we aced the test without even studying.
• In the best case scenario, we'll hit the jackpot and be set for life.

noun the act or process of conducting such an evaluation

• Penetration testing is a systematic process of testing a computer system, network or web application to identify vulnerabilities that an attacker could exploit.
• Penetration testing helps companies find and fix security holes before hackers can exploit them.
• Pen testing is like hiring a friendly hacker to break into your system and tell you how they did it.
• In the world of cybersecurity, penetration testing is like sending a spy into enemy territory to gather intelligence on potential vulnerabilities.

noun EHS stands for Environmental Health and Safety, which refers to the discipline and practice of ensuring that individuals and the environment are protected from harm or injury in various settings such as workplaces, communities, and homes.

• The company is implementing new EHS policies to ensure the safety of all employees.
• Hey, have you heard about the new EHS rules at work?
• I always make sure to follow the EHS stuff to avoid any trouble.
• For me, EHS stands for 'Every Human's Safety', it's important to prioritize safety in all aspects of life.

noun a military headquarters in French-speaking countries

• The company hired a professional firm to conduct an abri audit of their financial statements.
• They're getting an abri audit done on their books to make sure everything's in order.
• They're getting their books checked with an abri audit, just to be safe.
• The abri audit of his life revealed some hidden truths he wasn't ready to face.

noun a word that refers to a person, place, thing, event, substance, or quality

adjective a word that describes or modifies a noun

• The company issued an active bond to raise funds for its expansion project.
• I heard that the company is offering an active bond for investors to buy.
• Have you checked out the new active bond that's available for purchase?
• Their partnership formed an active bond that could not be broken.

noun A person who is actively engaged in killing or attempting to kill people in a confined and populated area

adjective Describing someone or something that is engaged in or likely to engage in violent behavior

• The police are currently responding to reports of an active shooter in the area.
• There's news of an active shooter nearby, stay safe!
• Dude, did you hear about the active shooter situation happening right now?
• In the world of cybersecurity, an active shooter can be compared to a malicious hacker trying to breach a system.