inherent


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Inherent

Derived from the essential nature of, and inseparable from, the object itself.

An object which is inherently dangerous is one that possesses potential hazard by its mere existence, such as explosives. By contrast, other objects are dangerous only when used in a negligent manner, such as a pipe wrench or baseball bat. The rule of Strict Liability is applied when accidents arise from objects that are inherently dangerous.

inherent

adjective connate, deep-rooted, essential, fixed, immanent, implicit, inborn, inbred, ineffaceable, ingredient, innate, innatus, insitus, instinctive, internal, intrinsic, native, natural, proprius, subsistent
Associated concepts: inherent defect, inherent power, inherrntly dangerous
See also: implicit, ingrained, innate, interior, intrinsic, native, organic, virtual
References in periodicals archive ?
review their training materials on assessing inherent risk and ascertain whether they need to be augmented, either in terms of the time devoted to the subject or the materials used, such as "real life" case studies on assessing inherent risk.
The inherent risk for an assertion about a derivative or security is its susceptibility to a material misstatement, assuming there are no related controls.
As for the assertion that excluding women is not unjust because persons do not have an inherent right to ordination, don't persons have an inherent right to be treated equally?
We're excited to offer a valuable new tool to our Inherent Health Weight Management Services that helps our customers navigate their weight loss journey more effectively.
Effective storage management solutions are based on: Well-defined application centric policies, service-level agreement enablers, service level objective executors, best practice work flows inherent within the system, and automation that can be customized to the users preferences
The district court specifically rejected the inherent delay argument.
Our research showed that a client factor or behavior could affect the assessed level of more than one component risk (for example, the aggressiveness of the client firm's management could influence both the inherent and control risks).
In addition to the conflict of interest issues facing brokers, the standard setups are no longer acceptable due to their inherent weaknesses - such as:
Researchers and practitioners are critical of the model because its multiplicative form suggests the components of inherent risk, control risk, and detection risk are independent.
A short sale against the box enables an investor to eliminate the investment risk inherent in the shares of stock used in the transaction.