Definition(s)


Unacceptable Risk

Level of risk at which, given costs and benefits associated with further risk reduction measures, action is deemed to be warranted at a given point in time.

Source:API STANDARD 780, Security Risk Assessment Methodology for the Petroleum and Petrochemical Industries, First Edition, May 2013. Global Standards

Unacceptable Risk

Definition: level of risk at which, given costs and benefits associated with further risk reduction measures, action is deemed to be warranted at a given point in time.

Sample Usage: The presence of contaminants in excess of a certain level represents an unacceptable risk to public health.

Source: DHS Risk Lexicon, U.S. Department of Homeland Security, 2010 Edition. September 2010 Regulatory Guidance

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