external risk

noun

A peril or event that arises from outside the policyholder's control and typically cannot be prevented by their actions, such as natural disasters or pandemics.

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Meanings

nounexternal risk (countable and uncountable, plural external risks)

plural external risks

  1. countableuncountablebusinessA peril or event that arises from outside the policyholder's control and typically cannot be prevented by their actions, such as natural disasters or pandemics.
  2. countableuncountableproject managementAny uncertain event or condition that originates outside the project or organization, such as changes in government legislation, changes in strategy from senior managers, or changes in the economy.
Cite this entry
APA

external risk. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/external%20risk

MLA

“external risk.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/external%20risk. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “external risk,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/external%20risk.

Source: external risk on Wiktionary, CC BY-SA 4.0.