Hazard is the incurring the possibility of loss or harm for the possibility of benefit; danger may have no compensating alternative. In hazard the pos more..Hazard is the incurring the possibility of loss or harm for the possibility of benefit; danger may have no compensating alternative. In hazard the possibilities of gain or loss are nearly balanced; in risk the possibility of loss is the chief thought; the foolhardy take great risks in mere wantonness; in chance and venture the hope of good predominates; we speak of a merchant's venture, but of an insurance company's risk; one may be driven by circumstances to run a risk; he freely seeks a venture; we speak of the chance of winning, the hazard or risk of losing. Accidents are incalculable; casualties may be to a certain extent anticipated; death and wounds are casualties of battle, certain to happen to some, but uncertain as to whom or how many. A contingency is simply an indeterminable future event, which may or may not be attended with danger or risk. See ACCIDENT; DANGER.(noun)
talk over conjecturally, or review in an idle or casual way and with an element of doubt or without sufficient reason to reach a conclusion (verb.communication)
take a risk in the hope of a favorable outcome(verb.social)