MLchartDataset catalogue

Commercial risks

Term · Insurance and risk management · MLC-T-INS-000836

The potential for financial loss or damage faced by businesses due to unforeseen events or circumstances. These risks encompass property damage, liability claims, business interruption, cyberattacks, and employee-related issues. Effective risk management strategies are employed to identify, assess, and mitigate these exposures, often involving insurance policies.

Table 1. Record
IdentifierMLC-T-INS-000836
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000836",
  "term": "Commercial risks",
  "field": "Insurance and risk management",
  "definition": "The potential for financial loss or damage faced by businesses due to unforeseen events or circumstances. These risks encompass property damage, liability claims, business interruption, cyberattacks, and employee-related issues. Effective risk management strategies are employed to identify, assess, and mitigate these exposures, often involving insurance policies.",
  "url": "https://mlchart.com/terminology/insurance/commercial-risks/"
}

Record 621 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.