operational risk
Acronyms
- None
Preferred Term
- None
Non-standard Terms
- None
Definitions
| Type | Definition | Sources |
|---|---|---|
| Noun | The probability of loss occurring from breakdowns in internal controls, operations, or procedures. (used 133 times in citations and controls) |
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| Noun | The potential impact on assets and their related services that could result from inadequate or failed internal processes, failures of systems or technology, the deliberate or inadvertent actions of people, or external events. (used 2 times in citations and controls) |
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Other Forms
| Type | Other Form |
|---|---|
| Plural | operational risks |
| Plural Possessive | operational risks' |
| Possessive | operational risk's |
Relationships
Common Controls
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Citations
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