expectation vs risk

expectation

noun
  • The value of any chance (as the prospect of prize or property) which depends upon some contingent event. 

  • The act or state of expecting or looking forward to an event as about to happen. 

  • The first moment; the long-run average value of a variable over many independent repetitions of an experiment. 

  • The arithmetic mean. 

  • The leaving of a disease principally to the efforts of nature to effect a cure. 

  • The prospect of the future; grounds upon which something excellent is expected to occur; prospect of anything good to come, especially of property or rank. 

  • That which is expected or looked for. 

risk

noun
  • The probability of a negative outcome to a decision or event. 

  • A possible adverse event or outcome. 

  • A borrower (such as a mortgage-holder or person with a credit card). 

  • An entity insured by an insurer. 

  • The potential negative effect of an event, determined by multiplying the likelihood of the event occurring with its magnitude should it occur. 

  • The magnitude of possible loss consequent to a decision or event. 

  • A type of adverse event covered under an insurance policy. 

  • A financial product (typically an investment). 

  • A thing (from the perspective of how likely or unlikely it is to cause an adverse effect). 

verb
  • To incur risk as a result of (doing something). 

  • To incur risk of harming or jeopardizing. 

  • To incur risk of (something). 

How often have the words expectation and risk occurred in a corpus of books? (source: Google Ngram Viewer )