What does residual risk mean?

Definitions for residual risk

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


  1. residual risk(Noun)

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


  1. 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.


  1. Chaldean Numerology

    The numerical value of residual risk in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of residual risk in Pythagorean Numerology is: 2

Images & Illustrations of residual risk

  1. residual riskresidual riskresidual risk

Translations for residual risk

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"residual risk." Definitions.net. STANDS4 LLC, 2018. Web. 17 Mar. 2018. <https://www.definitions.net/definition/residual risk>.

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