Matching Pairs Risk Chp 1 pt 3Online version Risk Chp 1 pt 3 by Ryan Brown 1 Indirect Loss 2 Risk Control 3 Self Insurance 4 Enterprise Risk Management 5 Risk Financing 6 Personal Risks 7 Premature Death 8 Hedging 9 Systemic Risk 10 Direct Loss 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 defined as a financial loss that results from the physical damage, destruction, or theft of the property. 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 reduce the frequency or severity of losses. combines into a single unified treatment program all major risks faced by the firm. refers to techniques that provide for the funding of losses. is a special form of planned retention by which part or all of a given loss exposure is retained by the firm. is a financial loss that results indirectly from the occurrence of a direct physical damage or theft loss. are the risks that directly affect an individual or family.
New game