The likely loss or consequence of a risk. It is the combined probability and impact of a risk usually expressed as the product or probability x impact.
The level of loss presented to an organization by a risk; the product of the likelihood that the risk will occur and the magnitude of the consequences of its occurrence
A measure of the extent to which the behaviour of a fund depends on the performance of certain market indicators. FT Fund Ratings measures risk exposures to various industries, geographical regions, economic indicators and fundamentals.