What is the difference between Risk, Threat & Hazard?

Answer Posted / chris

A volcano is a hazard.

If the volcano erupts, the lava is a threat to people
downhill, and the ash cloud is a threat to airplanes (i.e.
the potential hazard has materialized into something
tangible - a threat)

The risk (as a noun) is the likelihood of being injured by
the threat caused by the hazard. If the volcano is dormant,
the lava threat is zero and the risk of being burned by
lava is also zero. If the volcano erupts, the lava threat
is no longer zero, and the risk depends (amongst other
things) on how close you are to the eruption

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