calculated risk

noun

Definition of calculated risk

1 : a hazard or chance of failure whose degree of probability has been reckoned or estimated before some undertaking is entered upon
2 : an undertaking or the actual or possible product of an undertaking whose chance of failure has been previously estimated

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Cite this Entry

“Calculated risk.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/calculated%20risk. Accessed 17 Sep. 2021.

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