calculated risk


noun

a chance of failure, the probability of which is estimated before some action is undertaken.

Nearby words

  1. calcsinter,
  2. calcspar,
  3. calculable,
  4. calculate,
  5. calculated,
  6. calculating,
  7. calculating machine,
  8. calculation,
  9. calculator,
  10. calculatory

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


Idioms and Phrases with calculated risk

calculated risk

A chance taken after careful estimation of the probable outcome, as in Taking their dispute to arbitration was definitely a calculated risk. This term uses calculated in the sense of “planned with forethought,” a usage from the mid-1800s. Its pairing with risk dates from World War II, when the chances for losing bombers were taken into account before a bombing mission was sent out. After the war the term was transferred to other undertakings where taking a chance to succeed had to be weighed against the costs of failure.

The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.