Define: Technological Risk

UK 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

Technological Risk FAQ's



Cite Term


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https://payrollheaven.com/define/technological-risk/
Modern Language Association (MLA):
Technological Risk. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. January 21, 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: January 21, 2020).
American Psychological Association (APA):
Technological Risk. PayrollHeaven.com. Retrieved January 21, 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)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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