Baseline Risk
Baseline Risk :
Definition: current level of risk that takes into account existing risk mitigation measures. Sample Usage: Risk analysts for the locality calculated a baseline risk value before analyzing the risk reduction potential of two alternative strategies. Annotation: Often, the word risk is used to imply baseline risk with the unstated understanding that the reference is the current circumstances. It should not be confused with risk as a measurement, which can change with the substitution of different variables
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