VS.

Likelihood vs. Risk

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Likelihoodnoun

The probability of a specified outcome; the chance of something happening; probability; the state or degree of being probable.

‘In all likelihood the meeting will be cancelled.’; ‘The likelihood is that the inflation rate will continue to rise.’;

Risknoun

(countable) A possible adverse event or outcome

Likelihoodnoun

(statistics) The probability that some fixed outcome was generated by a random distribution with a specific parameter.

Risknoun

The probability of a negative outcome to a decision or event.

‘There is risk of being brutalized, arrested, imprisoned and tortured, all because I want you to know the truth about this matter.’;

Likelihoodnoun

Likeness, resemblance.

‘"There is no likelihood between pure light and black darkness, or between righteousness and reprobation." (Sir W. Raleigh)’;

Risknoun

The magnitude of possible loss consequent to a decision or event.

Likelihoodnoun

(archaic) Appearance, show, sign, expression.

‘"What of his heart perceive you in his face by any likelihood he showed to-day ?" (Shak)’;

Risknoun

The potential (conventionally negative) effect of an event, determined by combining the likelihood of the event occurring with the effect should it occur.

Likelihoodnoun

Appearance; show; sign; expression.

‘What of his heart perceive you in his faceBy any likelihood he showed to-day ?’;

Risknoun

An entity insured by an insurer or the specific uncertain events that the insurer underwrites.

Likelihoodnoun

Likeness; resemblance.

‘There is no likelihood between pure light and black darkness, or between righteousness and reprobation.’;

Riskverb

(transitive) To incur risk of (something).

Likelihoodnoun

Appearance of truth or reality; probability; verisimilitude.

Riskverb

(transitive) To incur risk of harming or jeopardizing.

Likelihoodnoun

Statistical probability; probability of being true or of occurring in the future; as, the likelihood of being abducted by aliens is close to zero..

Riskverb

(transitive) To incur risk as a result of (doing something).

Likelihoodnoun

the probability of a specified outcome

Risknoun

Hazard; danger; peril; exposure to loss, injury, or destruction.

‘The imminent and constant risk of assassination, a risk which has shaken very strong nerves.’;

Likelihoodnoun

the state or fact of something's being likely; probability

‘situations where there is a likelihood of violence’; ‘young people who can see no likelihood of finding employment’;

Risknoun

Hazard of loss; liabillity to loss in property.

Riskverb

To expose to risk, hazard, or peril; to venture; as, to risk goods on board of a ship; to risk one's person in battle; to risk one's fame by a publication.

Riskverb

To incur the risk or danger of; as, to risk a battle.

Risknoun

a source of danger; a possibility of incurring loss or misfortune;

‘drinking alcohol is a health hazard’;

Risknoun

a venture undertaken without regard to possible loss or injury;

‘he saw the rewards but not the risks of crime’; ‘there was a danger he would do the wrong thing’;

Risknoun

the probability of becoming infected given that exposure to an infectious agent has occurred

Risknoun

the probability of being exposed to an infectious agent

Riskverb

expose to a chance of loss or damage;

‘We risked losing a lot of money in this venture’; ‘Why risk your life?’;

Riskverb

take a risk in the hope of a favorable outcome;

‘When you buy these stocks you are gambling’;

Risk

In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences.

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