Examlex
In the method, the distance between groups is defined as the distance between the closest pair of objects, where only pairs consisting of one object from each group are considered.
Unique-Event Risk
Risk associated with a specific and non-recurring event that can affect the outcome of a project or investment.
Super-Event
A significant occurrence or gathering with a large impact, often exceeding the scale and effects of typical events.
Total Shutdown
A situation where an organization ceases all operations, often due to economic challenges, natural disasters, or strategic decisions.
Expected Monetary Value
A quantified financial analysis technique used to predict the overall outcome of a decision under uncertainty by multiplying possible outcomes by their probabilities and summing those values.
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