Words / S / Business

systemic

adjective/sɪˈstɛmɪk/

B2CEFR level
35/100Rarity: fairly common
TechnicalRegister

Affecting an entire market or system rather than a single, isolated participant.

A systemic cyber event could trigger correlated claims across the whole portfolio at once.

Topic: Insurance & risk 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: Insurance & risk