term:

Risk

risk n

1 a : possibility of loss or injury
b : liability for loss or injury if it occurs [the of loss passes to the buyer when the goods are duly delivered to the carrier “Uniform Commercial Code“] [the of personal injury and property damage should be placed with the manufacturer rather than the consumer “Case & Comment“]
2 a : the chance of loss to the subject matter of an insurance contract
: uncertainty with regard to loss
;also
: the degree of probability of such loss compare peril
b : a person or thing that is a specified hazard to an insurer [a poor for insurance]
c : an insurance hazard from a specified cause or source [a war ]
risk·less adj