# Loss event (event loss)

- Canonical URL: https://www.gerhardmerk.de/loss-event-event-loss-2
- Post ID: 587195
- Modified: 2023-07-25T21:02:58+00:00
- Language: en

## Definition

Operational risk event that results in a loss to the bank. According to the list in Basel II, which is more exemplary and therefore not comprehensive of all events, these are in particular - fraud from within, - fraud from outside, - employment practices and security, - customers, products and business working practices, - interruption of operations and system failure, - organizational processing, and - delivery and process management. - See failure, default, action imperative, urgent, risk, risk management, referral fraud, loss absorption capability. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1