Words / A / Business

ambiguity aversion

noun/ˌæmbɪˈɡjuːɪti əˌvɜːʃən/

C2CEFR level
90/100Rarity: very rare
TechnicalRegister

A preference for known risks over unknown ones, even when the unknown may be better.

Ambiguity aversion made candidates prefer a modest but certain salary to an opaque profit-share scheme.

Similar: uncertainty aversion

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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