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risk
(redirected from Specified risk materials)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia 0.12 sec.

risk

In economics and finance, an allowance for the hazard (risk) in an investment or loan. Default risk refers to the chance that a borrower will not repay a loan. If a banker believes that a borrower may not repay a loan, the banker will charge the true interest plus a premium for the default risk, the premium depending on the degree of presumed risk. All stock investment carries an implicit risk since there is no guarantee of return on investment. Trading or variability risk is the amount that the return may vary, up or down, from the expected return on investment.


risk

The expectation of loss. It is a function of the probability and the consequences of harm. See risk assessment.


risk
at risk
a. Social welfare vulnerable to personal damage, to the extent that a welfare agency might take protective responsibility


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There is agreement specified risk materials (SRMs) will be removed from cattle at slaughter.
USDA then upset our beef trading partners when it expanded the removal of specified risk materials (SRMs) from cattle over 30 months of age and insisted almost overnight that all third-country suppliers do the same even if they had the highest BSE-free status, as Australia and New Zealand have.
Given the renewed closure of the Japanese market to US exporters after a December 2005 incident in which specified risk materials were found in a US shipment to Japan, the US is also keen to establish a stable regulatory regime.
 
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