To voluntarily assume a risk is to agree to take on some potential cost which may arise.
High risk credit card processing is the generation of a credit card for someone with poor, or bad credit, and are likely to default on the debt. The site, highriskpay, has information about it.
less risk for the lender (liquidity) -> less collateral and information required.
Under the assumption of no transaction costs, establishing a retention fund presents no risk management case because the absence of transaction costs removes the financial incentive to hold funds for future contingencies. In such a scenario, organizations can freely allocate resources without worrying about the expenses associated with buying or selling assets. Therefore, the retention fund's purpose—to cushion against potential future losses—becomes less relevant as the cost of securing those assets is negligible. As a result, the need for a dedicated retention fund diminishes significantly.
I also am trying to get this information. One Credit Card Vendor provides a Trans-Union Score and another C.C. company provides a Trans Risk Score. They run about 100 points apart with the Trans Risk score being the lower of the two. Calls to Trans Union and the Credit Card people do not provide any information? . . . Anyone?
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mostv risk most profit
assumption
In order to successfully assert the assumption of risk defense, two key elements are required: (1) the plaintiff must have knowledge of the specific risk involved, and (2) the plaintiff must voluntarily choose to accept that risk.
General defenses in tort law include contributory negligence (plaintiff's own negligence contributed to the harm), assumption of risk (plaintiff voluntarily assumed a known risk), and statute of limitations (plaintiff filed the claim after the allowed time period). Other defenses may include self-defense, necessity, and consent.
assumption of risk
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Technique of risk management (better known as retention or Self-Insurance) under which an individual or business firm assumes expected losses that are not catastrophic, but protects against catastrophic losses through the purchase of insurance. (Business Dictionary) For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated at the bottom of this answer box.
Risk
assumption of risk
An RMIS is a web site to access risk management information and tools.
The practice known as universal precautions makes the assumption that those bodily fluids pose a risk for transmission of HIV.