Residual risk


Also found in: Wikipedia.

Residual risk

Residual Risk

Any risk remaining to an investment after all other risks have been eliminated, hedged, or otherwise accounted. For example, a residual risk to an international shipment may be the part that is not insured by the export credit agency. Some residual risks may not be known during risk analysis, and indeed may not be knowable.
References in periodicals archive ?
On top of that, it is crucial not to reduce the dose because LDL cholesterol levels rise again, thus increasing the overall risk on top of the residual risk for further events," said Dr Jorn Dopheide of Bern University Hospital, Switzerland.
Publications and other scientific discussions have been appearing globally with increasing regularity regarding the large unmet need to treat residual risk in CVD after standard of care statin therapy and the opportunity to potentially improve patient care in the studied high-risk patient population.
In its statement of case, dated March 2019, the HSE writes: "The HSE's position is that the proposed development seeks to introduce a non-workforce population, in particular at least 600 students and expose them to unacceptable residual risk of receiving a dangerous dose of thermal radiation from foreseeable and credible major accidents from the adjacent ESSAR oil refinery.
If the work at that sample pit is being done by North Lanarkshire Council and independently verified to remove any residual risk or to otherwise render the area concerned safe, the review would support the schools opening next week.
Concentration Risk - Minimal Residual Risk: 2018-3 currently comprises almost entirely open-end leases whereby lessees bear residual risk.
Policies should also establish requirements for reporting to executives and the board on the activities of accountable individuals, including tire results of monitoring and residual risk assessment of all processes and systems.
The rest of the guidance has been moved to TR 24971, including recommendations on hazard identification, risk concepts and medical devices, risk analysis techniques, residual risk, risk management for in-vitro diagnostic devices, risk management for biological hazards, and risk management plan.
"Further analysis of this association in treatment studies and examination of the incidence of hip fracture before and after the discontinuation of treatment is required and may shed further light on the possible residual risk associated with treatment."
The contracts increase the company's fixed rate charter backlog by nearly USD 470m, and the charterer has agreed to purchase obligations at the end of the charter period, effectively eliminating residual risk.
No therapy is currently approved to treat the residual risk in REDUCE-IT patients and no other therapy has demonstrated a 25% risk reduction on top of statin therapy in a major cardiovascular outcomes trial.
The demining ceremony in Batticaloa marks a milestone in the effort to reduce the dangers of landmines, establishing the first district in Sri Lanka to be reach "residual risk" mine impact-free status since the end of the civil war.
If the distribution of the loss is known, the residual risk is zero.