“Tail risk” defined.

Nev. Rev. Stat. § 681B.0065
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
“Tail risk” means a risk that occurs either where the frequency of low probability events is higher than expected under a normal probability distribution or where there are observed events of very significant size or magnitude.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-681B.htmlFetched: 10/4/2026
Nev. Rev. Stat. § 681B.0065 — “Tail risk” defined | Nevada Revised Statutes | Corpus