U.S. flag   An official website of the United States government
Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock (Dot gov) or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.

    Glossary
A  |  B  |  C  |  D  |  E  |  F  |  G  |  H  |  I  |  J  |  K  |  L  |  M  |  N  |  O  |  P  |  Q  |  R  |  S  |  T  |  U  |  V  |  W  |  X  |  Y  |  Z

Risk Appetite

Definitions:

  The types and amount of risk, on a broad level, [an organization] is willing to accept in its pursuit of value.
Sources:
NIST SP 800-161r1 from NISTIR 8286
NIST SP 800-221 from COSO Enterprise Risk Management
NISTIR 8286 from COSO Enterprise Risk Management

  The broad-based amount of risk an organization is willing to accept in pursuit of its mission/vision.
Sources:
NIST SP 800-221 from OMB Circular A-123

  The types and amount of risk, on a broad level, an organization is willing to accept in its pursuit of value.
Sources:
NISTIR 8170

  The broad-based amount an enterprise is willing to accept in pursuit of its mission/vision.
Sources:
NISTIR 8286 from OMB M-16-17