ex·po·sure n1: the fact or condition of being exposed; also: the possibility of loss caused by an outside source— used in insurance2: the act or an instance of exposing3: something that exposes someone or something; esp: something (as a condition, situation, or action) that creates a risk of financial loss esp. for which one may be insuredtwo forms of insurance are needed to cover the exposure fully — R. I. Mehr; also: the extent to which one is at risk
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
danger, discernibility, discovery, divulgation, expose, exposition, hazard, jeopardy, laying open, liability, manifestation, openness, perceptibility, peril, presentation, publication, publicity, revelation, risk, susceptibility, susceptivity, unfolding, unmasking, unveiling, visibility, vulnerability
associated concepts: exposure to asbestos, exposure to toxic chemical, insurance coverage and exposure
admission (disclosure), bad repute, detection, disclosure (act of disclosing), discovery, expression (manifestation), impeachment, manifestation, publicity, risk
Burton's Legal Thesaurus. William C. Burton. 2006
USAThe amount a party is at risk of losing under an investment or agreement, or the aggregate net amount a party is owed under an agreement (or aggregate net amount owed under multiple agreements). This term is used in many contexts but is of particular relevance to derivatives contracts. The exposure of one party to another under a derivatives contract typically changes, and is valued mark-to-market by the calculation agent, on a daily basis. Changes in a party's exposure under a derivatives contract, as well as any fluctuation in the value of collateral already posted, determines the amount of collateral that must be transferred between the parties each day.lossary
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.