This document discusses different types of risk that businesses may face. It defines risk as uncertainty concerning potential losses and distinguishes it from uncertainty where outcomes are completely unknown. The document then examines several specific types of risk in more detail, including credit risk, asset liability gap risk, interest rate risk, market risk, currency risk, and due diligence risk. It provides examples to illustrate each type of risk and how businesses can potentially experience losses due to these risks. Finally, the document concludes that risk control aims to identify, assess, and prepare for potential hazards and disruptions through approaches like avoidance, loss prevention, and diversification.