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In the British Civil Service and other departments of the United Kingdom government, traffic light colours are used as a coding system for good or bad performance, usually known as a 'RAG rating'—Red, Amber, Green. For example, a red workload performance would mean inadequate, amber would mean reasonable, and green would mean good.
Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g., that an accident happens) multiplied by the severity of that harm (i.e., the average amount of harm or more conservatively the maximum credible amount of harm).
An investment rating of a real estate property measures the property's risk-adjusted returns, relative to a completely risk-free asset. Mathematically, a property's investment rating is the return a risk-free asset would have to yield to be termed as good an investment as the property whose rating is being calculated.
From 1979 through October 2016, Consumer Reports used a modified type of Harvey ball in product ratings and had even incorporated one into its logo. [5] Some of the symbols used for Harvey balls are also used in other fields to represent other types of information: [6]
Rag (typography), the ragged edge of a block of text; Recombination-activating gene, encoding enzymes RAG-1 and RAG-2; RAG rating (Red, Amber, Green), a traffic light rating system; Rags (dog) (1916–1936), 1st Infantry Division (United States) mascot in World War I; The Rag (club), alternative name for the Army and Navy Club in London
In this context, risk is the combination of the frequency (likelihood) and the consequence of a specified hazardous event. Several factors are likely to be considered when deciding whether or not a risk has been reduced as far as reasonably practicable: [3] [4]
The PASER scale is a 1-10 rating system for road pavement condition developed by the University of Wisconsin-Madison Transportation Information Center. PASER uses visual inspection to evaluate pavement surface conditions. When assessed correctly, PASER ratings provide a basis for comparing the quality of roadway segments. [1]
Social Security (Contributions and Allocation of Contributions) (Re-rating) Order 1989 (S.I. 1989/26) Merger Reference (GEC, Siemens and Plessey) Order 1989 ( S.I. 1989/27 ) Financial Services Act 1986 (Single Property Schemes) (Exemption) Regulations 1989 ( S.I. 1989/28 )