Define: Technological Risk

UK Accounting Glossary

Definition: Technological Risk


Quick Summary of Technological Risk



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What is the dictionary definition of Technological Risk?

Dictionary Definition


  1. The inherent risk in project financing schemes that newly developed technology will not operate to specification.
  2. The risk to a business that emerges from changing technology.

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Full Definition of Technological Risk



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Examples of Technological Risk in a sentence


An organisation may face technological risks if its hardware, software, and/or online applications is compromised by cyber-attack or equipment failure.


Technological Risk FAQ's



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/technological-risk/
Modern Language Association (MLA):
Technological Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 12, 2019 https://payrollheaven.com/define/technological-risk/.
Chicago Manual of Style (CMS):
Technological Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/technological-risk/ (accessed: November 12, 2019).
American Psychological Association (APA):
Technological Risk. PayrollHeaven.com. Retrieved November 12, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/technological-risk/

Definition Sources


Definitions for Technological Risk are sourced/syndicated from:


This glossary post was last updated: 5th May 2019.