unsystematic risk
noun[CorU]
ukus(alsospecific risk)FINANCE,STOCK MARKET
theriskinvolvedinbuyingaparticularinvestment,ratherthan theriskthataffectsanyinvestment:
You canreduceunsystematicriskassociatedwithindividualstocks, but there areinherentmarketrisksthataffectnearlyeverystock.
ECONOMICS
ariskthataffectsonly onecompanyorindustry:
Theriskof adeclineinhousepricesislikelyto be an unsystematicrisk,specificto thehousingmarket.