Definition of Significant hazard

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TeachMeFinance.com - explain Significant hazard



Significant hazard

The term 'Significant hazard' as it applies to the area of reclamation can be defined as ' A downstream hazard classification for dams in which 1-6 lives are in jeopardy and appreciable economic loss (rural area with notable agriculture, industry, or worksites, or outstanding natural resources) would occur as a result of failure of the dam. This classification also applies to structures other than dams'.

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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".


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