Acceptable Risk

{
  "id": "MLC-T-ENV-000190",
  "term": "Acceptable Risk",
  "field": "Environment",
  "definition": "1. The likelihood of suffering disease or injury that will be tolerated by an individual, group, or society. The level of risk that is determined to be acceptable may depend on a variety of issues, including scientific data, social, economic, legal, and political factors, and on the perceived benefits arising from a chemical or process.\n\n2. Risk that has been reduced to a level that can be tolerated by the organization having regard to its legal obligations and its own OH&S policy.\n\n3. The likelihood of suffering disease or injury that will be tolerated by an individual, group, or society. The level of risk that is determined to be acceptable may depend on a variety of issues, including scientific data, social, economic, legal, and political factors, and on the perceived benefits arising from a chemical or process. [EPA 2004]\n\n4. This is a risk management term. The acceptability of the risk depends on scientific data, social, economic, and political factors, and on the perceived benefits arising from exposure to an agent. [IPCS/OECD 2004]",
  "subject": "Health and safety",
  "references": [
    "EPA 2004",
    "Safety, Health, and Environmental Management System Terms and Definitions",
    "Thesaurus of Terms Used in Microbial Risk Assessment"
  ],
  "url": "https://mlchart.com/terminology/environment/acceptable-risk/"
}