Probability of risk
Chances of danger or loss, particularly of property covered by an insurance policy or property being used or transported by another. Insurance companies assume the risk of loss and calculate their premiums by the value and the risk based on statistically determined chances. A trucking company assumes the risk of loss while carrying goods.[Law Dictionary]
The possibility that something wrong or unpleasant (such as an injury or a loss) will happen:
"I prefer not to expose my money to too much risk".
"The degree of risk is minimal. All investments have/involve an element of risk."
"The trip didn't seem like much of a risk."
"I'm aware of the risks associated with this treatment."
"There is a risk of liver damage with this medication."
Someone or something that may cause something wrong or unpleasant to happen:"Smoking is a risk to your lungs."
"Kids think it's fun but don't realize the risks involved."
"Excess body fat is a serious/significant health risk."
"The government claims she is a risk to national security."[Britannica Dictionary]
Probability of risk. Britannica Dictionary. Retrieved from: https://www.britannica.com/dictionary/risk
Probability of risk. Law dictionary. Retrieved from: https://dictionary.law.com/Default.aspx?selected=1865