A risk that remains after all efforts have been made to mitigate or eliminate risks associated with a business process or investment. After a risk assessment, a residual risk may be known but not completely controllable, or, it may not be known. In either case, the residual risk is assumed by whoever owns the investment or the business process.
Related information about residual risk:
- Residual risk - Wikipedia, the free encyclopedia
The residual risk is the risk or danger of an action or an event, a method or a ( technical) process that, although being abreast with science, still conceives these ...
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Definition of residual risk: Exposure to loss remaining after other known risks have been countered, factored in, or eliminated.
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Any risk remaining to an investment after all other risks have been eliminated, hedged, or otherwise accounted. For example, a residual risk to an international ...
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Residual risk factors, portfolio composition and risk measurement by. J. Kambhu and A. P. Rodrigues*. Federal Reserve Bank of New York. Abstract. When risk ...
- Residual Risk Reduction: Systematically Deciding ... - Asseno.org
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