Event, Extreme 1 : A term used commonly in the field of risk management to collectively describe emergencies and disasters: "low probability-high consequence events"
The Institute for Crisis, Disaster, and Risk Management (ICDRM) at the George Washington University (GWU), Emergency Management Glossary of Terms, Washington, D.C., USA 2007. http://www.gwu.edu/~icdrm/publications/PDF/GLOSSAR Y%2002-19-2007.pdf, (Emr Mgt/ Crisis, Dzstr and Rsk - Amer) {478}
