Formidable-risk
A 'formidable-risk' describes a situation, venture, or undertaking characterized by significant potential dangers, challenges, and threats that pose a serious probability of failure, loss, or negative consequences. It signifies a risk that is not easily overcome, demanding considerable skill, resources, and caution to navigate successfully. The magnitude of the potential negative outcomes is substantial, making the risk exceptionally daunting and potentially overwhelming. It suggests a scenario where the stakes are high, and the margin for error is narrow.
Formidable-risk meaning with examples
- Launching a new business in a saturated market presents a formidable-risk, with intense competition and uncertain profitability. Navigating this requires a comprehensive business plan, substantial capital, and a unique value proposition to minimize the chances of failure and navigate this hostile business landscape. The potential for financial ruin looms large.
- Attempting to climb Mount Everest is a formidable-risk. The altitude sickness, unpredictable weather, and treacherous terrain demand advanced mountaineering skills, specialized equipment, and exceptional physical endurance, creating a high probability of life-threatening outcomes that are difficult to avoid.
- Engaging in international diplomacy during times of political instability is a formidable-risk. Misunderstandings, conflicting interests, and escalating tensions can lead to diplomatic breakdowns, conflicts, and even war, representing severe consequences.
- Investing a large sum of money in a volatile, unregulated cryptocurrency is a formidable-risk. Rapid market fluctuations, scams, and technological vulnerabilities can result in substantial financial losses, despite alluring promises.
- Undergoing experimental surgery to treat a rare, life-threatening disease poses a formidable-risk. The potential for serious side effects, complications, and even death is significant, balanced against the chance of a cure and recovery.
