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Definition of

operational risk

Operations & Production

risk of loss from internal or external failures the risk of economic loss that an organization faces, resulting from failed or inadequate controls, processes, or systems, or from human or external events

Recommended Further Reading (Term count)

Definitions of ’operational risk’ and meaning of ’operational risk’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’operational risk’ and other financial terms with our online QFINANCE Financial Dictionary.

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