Define: Technological Risk

Business, Legal & Accounting Glossary

Definition: Technological Risk



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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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.


Synonyms For Technological Risk


technical risk, technical hazards


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. April 06, 2020 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: April 06, 2020).
American Psychological Association (APA):
Technological Risk. PayrollHeaven.com. Retrieved April 06, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/technological-risk/

Definition Sources


Definitions for Technological Risk are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th January, 2020