Difference between Hazards and Risk

HAZARDS vs RISK: NOUN

(automotive) Short for hazard lights.
Plural form of hazard.
An unknown and unpredictable phenomenon that causes an event to result one way rather than another
An obstacle on a golf course
A source of danger; a possibility of incurring loss or misfortune

The chance of nonpayment of a debt.
The variability of returns from an investment.
The amount that an insurance company stands to lose.
The danger or probability of loss to an insurer.
A factor, thing, element, or course involving uncertain danger; a hazard.
The possibility of suffering harm or loss; danger.
A source of danger; a possibility of incurring loss or misfortune
The probability of becoming infected given that exposure to an infectious agent has occurred
The probability of being exposed to an infectious agent
A venture undertaken without regard to possible loss or injury
One considered with respect to the possibility of loss.
The potential (conventionally negative) impact of an event, determined by combining the likelihood of the event occurring with the impact should it occur.
The likelihood of a negative outcome.
A possible, usually negative, outcome, e.g., a danger.
To incur hazard; to encounter danger.
Hazard of loss; liabillity to loss in property.
Hazard; danger; peril; exposure to loss, injury, or destruction.
Same as reesk and risp.
Hazard; danger; peril; exposure to mischance or harm; venture: as, at the risk of one's life; at the risk of contagion. Common in the phrase to run a (the) risk, to incur hazard; take the chance of failure or disaster.
Hence, by extension, insurance obligation: as, our company has no risks in that city.
The degree of hazard or danger upon which the premiums of insurance are calculated.
In com.: The hazard of loss of ship, goods, or other property.

Take chances, Take a chance, Run a risk, Fortune, Stake, Venture, Luck, Adventure, Gamble, Guess, Chance, Jeopardize, Jeopardy, Peril, Risk

Risky, Likelihood, Probability, Take chances, Put on the line, Take a chance, Run a risk, Lay on the line, Adventure, Chance, Gamble, Jeopardy, Peril, Hazard, Danger

Risks, Hazardous, Perils, Dangers, Fortune, Venture, Luck, Adventure, Gamble, Guess, Chance, Jeopardize, Jeopardy, Peril, Risk

Susceptible, Hazards, Harm, Incidence, Threat, Risky, Likelihood, Probability, Adventure, Chance, Gamble, Jeopardy, Peril, Hazard, Danger

An assessment of risk helps employers understand hazards in the context of their own workplace, and prioritize hazards for permanent control.
An initial assessment of existing hazards, exposures, and control measures is followed by periodic inspections and reassessments, to identify new hazards.
Perform routine walkthroughs of the worksite to identify hazards and to track identified hazards until they are corrected.
In the following sections on chemical hazards, we describe some common preventive controls for controlling chemical hazards.
Studies by a number of researchers of hazards to confined nontarget wildlife reveal minimal hazards.
Coding for Compound Gas Cylinders Common Hazards by Occupancy The following are hazards you may frequently find in particular occupancies.
Hazards assessments provide the tools needed to prevent workplace injuries or illnesses by identifying existing and potential hazards.
Identify any fire, explosion, or vapor hazards and take action to neutralize these hazards.
All fall hazards and access hazards must be properly addressed.
Health and Safety: Rare exposure to mechanical hazards, electrical hazards, fire hazards, communicable diseases, physical danger or abuse, and chemical hazards and explosives.

Our convexity risk primarily results from prepayment risk.
Targeted risk management advice to reduce workplace risk.
Low risk is not the same as no risk!
The Corporate Risk Register identifies the risk of fraud, together with the mitigating actions in place to minimise the risk of fraud occurring.
Risk Indices Barra combines fundamental and market data to create risk indices that measure risk associated with common features of an asset.
The overall ERM framework includes a risk inventory, risk appetite, risk limits, as well as monitoring and reporting requirements.
Together with specific risk, market membership, industries, and risk indices provide a comprehensive partition of risk.
Event risk, which is synonymous with pure risk, hazard risk, or insurance risk, presents no chance of gain, only of loss.
Rate Risk, Credit Risk, Liquidity or Marketability Risk, Reinvestment Risk etc.
Board level down tooperational levels, covering all aspects of risk, most notably interest rate risk, credit risk, liquidity risk, currency risk andoperational risk.