contract risk
[/ˈkɑːntrækt rɪsk/]
nounpl: contract risks
risco contratual
1. The potential for financial loss or liability arising from the terms, conditions, or performance obligations outlined in a contract
The company identified contract risk when the supplier failed to meet delivery deadlines.
A empresa identificou risco contratual quando o fornecedor não cumpriu os prazos de entrega.
2. The exposure to adverse events or circumstances that could impact the fulfillment of contractual obligations between parties
Contract risk assessment is essential before signing any major agreement.
A avaliação de risco contratual é essencial antes de assinar qualquer acordo importante.
3. The possibility of disputes, breaches, or non-performance that could result in legal consequences or financial damages
Poor contract risk management led to significant losses for the firm.
O gerenciamento inadequado de risco contratual resultou em perdas significativas para a empresa.
In both Brazilian and American business contexts, contract risk management is a critical component of corporate governance and compliance. Brazilian companies increasingly use English terminology 'contract risk' in professional settings, particularly in multinational corporations and financial institutions. The term reflects the globalization of business practices and the prevalence of English in international commerce.
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