Contract Risk - How to Discuss

Contract risk,

Definition of Contract risk:

  1. Probability of loss arising from failure in contract performance. Vendors have the highest risk in fixed price contracts and least in the cost type contracts.

  2. Probability of loss arising from the buyers reneging on the contract, as opposed to the buyers inability to pay.

Meaning of Contract risk & Contract risk Definition

Alexander Ross

Alexander Ross

Gaming, Esports & Interactive Media Writer

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.

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