calculated

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calculated risk

A risky action that has been carefully considered beforehand, in which the chance or likelihood of a beneficial outcome outweighs the risk or cost of failure. We decided to take the calculated risk of going to trial, rather than settling out of court.
See also: calculated, risk

calculate (something) into (something)

To include a particular amount as one does calculations. When you submit your travel expenses for reimbursement, be sure to calculate gas into the total. Wait, I didn't calculate the tip into each person's total, so we need to give the server more money.
See also: calculate

calculate on (something)

To consider or think about something. He'll have an answer for you soon—he's been calculating on your offer for days.
See also: calculate, on

calculated risk

A chance taken after careful estimation of the probable outcome, as in Taking their dispute to arbitration was definitely a calculated risk. This term uses calculated in the sense of "planned with forethought," a usage from the mid-1800s. Its pairing with risk dates from World War II, when the chances for losing bombers were taken into account before a bombing mission was sent out. After the war the term was transferred to other undertakings where taking a chance to succeed had to be weighed against the costs of failure.
See also: calculated, risk