Thursday, June 20, 2013

Glossary

 

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Found 17 Results

Even Keel - A ship is said to be on an even keel when the keel is level or parallel to the surface of the water; When the draft of a ship fore and aft are the same.
Category: - Maritime


Event - An incident or situation, which occurs at a particular place during a particular interval of time
Category: - Risk


Expected Value - The average of the values one would expect to obtain upon sampling from a probability distribution a large number of times; in decision-analysis, it is the sum of the possible consequences each weighted by its likelihood
Category: - Risk


Exposure - The condition of being subjected to a source of risk, usually expressed in units such that the risk can be expressed proportionally to the amount of exposure
Category: - Risk


Exposure - The condition of being at risk of being subjected to some detrimental effect or harmful condition.
Category: - Risk


Exposure measure - Quantification of the amount or level of hazrds to which one is subjected.
Category: - Risk


Eye - The roughly circular area of comparatively light winds and fair weather found at the centre of a severe hurricane. Usually referred to as the eye of the storm.
Category: - Weather


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