Matching Pairs Risk Chp 1 pt 3Online version Risk Chp 1 pt 3 by Ryan Brown 1 Risk Financing 2 Hedging 3 Indirect Loss 4 Enterprise Risk Management 5 Risk Control 6 Direct Loss 7 Personal Risks 8 Premature Death 9 Self Insurance 10 Systemic Risk is the risk of collapse of an entire system or entire market due to the failure of a single entity or group of entities that can result in the breakdown of the entire financial system. is a technique for transferring the risk of unfavorable price fluctuations to a speculator by purchasing and selling futures contracts on an organized exchange. refers to techniques that provide for the funding of losses. refers to techniques that reduce the frequency or severity of losses. combines into a single unified treatment program all major risks faced by the firm. is a special form of planned retention by which part or all of a given loss exposure is retained by the firm. is the death of a family head with unfulfilled financial obligations. is a financial loss that results indirectly from the occurrence of a direct physical damage or theft loss. is defined as a financial loss that results from the physical damage, destruction, or theft of the property. are the risks that directly affect an individual or family.