The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BUSINESS RECOVERY RISK Definition & Legal Meaning

Definition & Citations:

The RISK of loss arising from a temporary disruption in business activities due to lack of accessibility to physical infrastructure. Business recovery risk is typically firm, business or productspecific and generally not as damaging as DISASTER RECOVERY RISK. Business recovery losses can be protected through specific BUSINESS INTERRUPTION INSURANCE. A subcategory of PROCESS RISK.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.