Definition[]
Acceptable risk is
| “ | [t]he risk level that an individual or group considers reasonable for the perceived benefit of an activity.[1] | ” |
| “ | [the] level of risk at which, given costs and benefits associated with reduction measures, no action is deemed to be warranted at a given point in time.[2] | ” |
| “ | [h]azards that are actively acknowledged as being within limits of an individual or organization's tolerance.[3] | ” |