Matching Pairs Risk Chp 1 pt 3Online version Risk Chp 1 pt 3 by Ryan Brown 1 Direct Loss 2 Premature Death 3 Systemic Risk 4 Personal Risks 5 Enterprise Risk Management 6 Risk Financing 7 Hedging 8 Risk Control 9 Indirect Loss 10 Self Insurance refers to techniques that provide for the funding of losses. is a technique for transferring the risk of unfavorable price fluctuations to a speculator by purchasing and selling futures contracts on an organized exchange. 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. 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 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 financial loss that results indirectly from the occurrence of a direct physical damage or theft loss. refers to techniques that reduce the frequency or severity of losses.
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