examFX glossary
Risk, Pure The uncertainty or chance of a loss occurring in a situation that can only result in a loss or no change.
This one confuses me and I can't get its picture in my head.
Can someone offer a more clear explanation of what they are trying to say?
Thanks.
Source of insurance-forums.net
Risk, Pure The uncertainty or chance of a loss occurring in a situation that can only result in a loss or no change.
This one confuses me and I can't get its picture in my head.
Can someone offer a more clear explanation of what they are trying to say?
Thanks.
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