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What is the difference between risk appetite, risk threshold, and risk tolerance?

Risk appetite describes the general attitude of the organization regarding risk, risk tolerance defines how much impact the organization will accept, and risk threshold defines the impact point where the risk will no longer be accepted.

There is no difference. These three terms are interchangeable.

Risk appetite describes the general attitude of the organization regarding risk. The other two terms mean the same thing.

Risk appetite and risk tolerance mean the same thing; both define the general attitude of the organization regarding risk. Risk threshold defines the impact level where the risk must be avoided.

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