1 : possibility of loss or injury : peril
2 : someone or something that creates or suggests a hazard
3 a : the chance of loss or the perils to the subject matter of an insurance contract; also : the degree of probability of such loss b : a person or thing that is a specified hazard to an insurer c : an insurance hazard from a specified cause or source
4 : the chance that an investment (as a stock or commodity) will lose value
Now, I've heard people talk about bias even in the dictionary and I always thought they were quacks...until yesterday when I read the definition for risk. That definition focuses solely on the potential negative results from taking a risk. What about the positive outcomes from taking a risk?? In our society we all admire the risk takers but too often we shy away from taking a risk because of the potential negative outcomes. Truth is, I think in many instances not taking the chance on something and just maintaining the status quo is far more hazardous than any potential negative outcomes. A more appropriate definition might be "an action where the outcome is uncertain."
I never thought I would pen a dictionary rant. Everyone have a tremendous snowy Octobor weekend!!
Hmmm... good one. you are right that risks sometimes do have amazing outcomes. BUT that is actually totaly different from the "risk factor". You take a risk, always hoping for the best, however, even the most calculated, intelligent risk can fall belly up. I took a risk going to teacher training. the risks were that I could lose my job, lose my husband, hate teaching, and come back to life wanting a new one. THOSE WERE REAL RISKS. The outcome of a risk is what you are talking about, I think.
ReplyDeleteWhat is the opposite of "risk"?? Guarantee? Certainty? If the risks we take in life were guaranteed, they would not be risks.... and the outcomes would not be nearly as life-changing as they are.
xo
-Sis