calculated risk

Weighed hazardous choice

A calculated risk is a decision to act despite danger or uncertainty, made after careful assessment of potential consequences.

The phrase implies deliberate weighing of costs and benefits rather than recklessness: Starting the business was a calculated risk, but she had savings to fall back on.

The calculation may prove wrong, but the risk was taken with eyes open.

Related

daring · venture · probability · game theory · contingency planning · hedge your bets · evaluation · entrepreneurial spirit · assessment · due diligence · trade-off · strategic thinking · educated guess · uncertainty · chance · boldness · odds · cost-benefit analysis

Categories
Opposites
deliberation

calculated riskshot in the dark

Attempt lacking any basis

wild guess · hasty decision · recklessness · leap of faith · knee-jerk reaction

certainty

calculated risksure thing

Guaranteed outcome or agreement

safe bet · certainty · foregone conclusion · sure bet · playing it safe

outcome awareness

calculated riskcrapshoot

Unpredictable risky undertaking

roll of the dice · coin flip · pure luck · accident · miscalculation

Family

risk, risky, calculate, risked, calculation, calculated, calculator, calculating, risks

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G