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Dictionary by pitch.dog
Enterprise risk & controls · Core

Key risk indicator

Also called: KRI

ELI5

A metric intended to signal changing risk exposure.

Used in conversation

“The number is useful only if everyone calculates key risk indicator the same way.”

Pitch context

You will see “Key risk indicator” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches enterprise risk & controls.

Why it matters: In enterprise risk & controls, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

When the words have to travel

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Sources & evidence · 3

Direct term-level sources and supporting source families.