Vocabulary for risk I write my own definitions of words how I see where and how to use them. They contain all my experience in learning English, how it links to the knowledge of speaking other languages. If you see the mistake and want to correct it, you are welcome. Gamble is noun, used in context of risk, playing casino. The situation when people can not stop themselves of doing something. Fx. A gamble is very risky action that you take in the hope that it will succeed and that you will gain something from it. Negligible is adj, it is not much, a little mean. Fx. If a risk is negligible, it is so small that it is not worth worrying about. Precarious is adj, going to fall or break. Fx. If a company 's situation is precarious, there is a risk that they will go out of business. Merger is noun, getting together. Fx. Negotiations have broken down, and the future of the merger is now in jeopardy. Allegation is noun, voting for or against, special used in the meetings. Fx. If the allegations against the CEO prove to be well-founded.