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Definition of risk assessment noun from the Oxford Advanced Learner's Dictionary

risk assessment

noun
 
/ˈrɪsk əsesmənt/
 
/ˈrɪsk əsesmənt/
[countable, uncountable] (business)
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  1. the act of identifying possible risks, calculating how likely they are to happen and estimating what effects they might have, especially in the context of a company taking responsibility for the safety of its employees or members of the public
    • The employer has an obligation to carry out a risk assessment.
    • The health and safety officer came to explain the concept of risk assessment.
    • A fire risk assessment will identify all the fire hazards on your premises.
See risk assessment in the Oxford Advanced American DictionarySee risk assessment in the Oxford Learner's Dictionary of Academic English
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