### What does **residual risk** mean?

## Definitions for **residual risk**

#### Here are all the possible meanings and translations of the word **residual risk**.

### Wiktionary

residual risk(Noun)

The risk left over after safeguards (mitigation strategies) have been implemented.

### Freebase

Residual risk

The residual risk is the risk or danger of an action or an event, a method or a process that, although being abreast with science, still conceives these dangers, even if all theoretically possible safety measures would be applied. The formula to calculate residual risk is x where inherent risk is. In the economic context, residual means “the quantity left over at the end of a process; a remainder”. In the property rights model it is the shareholder that holds the residual risk and therefore the residual profit.

### Numerology

Chaldean Numerology

The numerical value of residual risk in Chaldean Numerology is:

**6**Pythagorean Numerology

The numerical value of residual risk in Pythagorean Numerology is:

**2**

### Images & Illustrations of residual risk

# Translation

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# Citation

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"residual risk." *Definitions.net.* STANDS4 LLC, 2017. Web. 16 Dec. 2017. <http://www.definitions.net/definition/residual risk>.