Words / I / Business

inherent risk

noun

B1CEFR level
25/100Rarity: fairly common
TechnicalRegister

The level of risk present before any controls are taken into account.

Cash-heavy operations carry high inherent risk, so the audit focuses there first.

Topic: Governance 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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More business words: Governance