Anything that may possibly cause a loss is called a:

Understand the Problem

The question is asking about a term that describes anything that could potentially cause a loss. It is a vocabulary question related to risk management or insurance terminology.

More Information

In insurance terminology, a 'peril' refers to any event that may cause a loss. Common examples include natural disasters, theft, and accidents.

Tips

A common mistake is confusing 'peril' with 'hazard,' which specifically refers to conditions that increase the chance of a peril occurring.

Sources

• Personal Finance and Business Chapter 13 - Quizlet - quizlet.com