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Home / Glossary Categories / Risk

Risk Terminology

Key risk-related terms in functional safety, including risk reduction factor (RRF), tolerable risk, and protection layers.

  • Acceptable Risk
  • As Low As Reasonably Practicable (ALARP)
  • Calibrated Risk Matrix
  • Revealed Risk
  • Revealed Risk Tolerance
  • Risk Graph
  • Risk Matrix
  • Stated Risk
  • Stated Risk Tolerance
  • Tolerable Risk
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