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TeachMeFinance.com - explain Hazard Hazard The term 'Hazard' as it applies to the area of reclamation can be defined as ' Something (e.g., a dam) that creates the potential for adverse consequences such as loss of life (LOL), property damage, and adverse social and environmental impacts. From a dam safety perspective, impacts may be from floodwaters released from dam structures or waters released by partial or complete failure of the dam. In this case, impacts would be to a defined area downstream. Impacts may also be to an area upstream of the dam from effects of backwater flooding or effects of landslides around the reservoir perimeter'. The term 'Hazard' as it applies to the area of hazardous materials can be defined as 'A source of potential harm from past, current, or future exposures'. Previous 5 Terms: Haulage cost Haunches (haunch) havier Hawaiian eruption Haying and grazing rules Next 5 Terms: Hazard analysis and critical control point (HACCP) Hazard classification Hazardous materials Hazardous Seas Warning Hazardous Seas Watch About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.