Accounting risk is encountered in the selection and application of accounting methods, including management's ability to manipulate the output of the accounting process.

Actuarial risk is the risk that an insurance company underwrites for a premium, e.g., pure cost of insuring the risk of premature death.

Business risk is the degree of uncertainty of income and cash flows caused by doing business in a particular industry.

Country, political or sovereign risk is the uncertainty of returns caused by the possibility of a major change in the political or socioeconomic environment of the country.

Economic risks exist in a company's operating environment. Economic risks would include fluctuations due to the business cycle, changes in interest rates, and purchasing power risk.

Event risk is the risk that results from an occurrence which is unplanned and significantly affects an investment's value.

Exchange rate or currency risk is the variability of returns resulting from currency fluctuations.

Financial risk is the risk associated with the use of leverage in a corporation's capital structure. Additionally, financial risk includes the company's ability to meet fixed charges.

Inflation or purchasing power risk is the likelihood that a decline in purchasing power of invested capital will result from changing price levels in the economy such as inflation or deflation.

Interest rate risk is the risk that changing interest rates will affect the value of a fixed-rate debt instrument.

Liquidity risk is the risk associated with the inability to sell an investment easily. Liquidity risk is linked to the secondary market in which the investment trades.

Market risk is the variability in returns due to systematic market factors.